RBA Jul minutes: Hike considered, hold to reassess in Aug

<p>Minutes from RBA’s July 4th meeting reveal that two options were considered: raising cash rate by additional 25 bps, or keeping it unchanged. RBA eventually chose the latter, acknowledging the “uncertainty around the outlook and the significant increase in interest rates to date.” Members agreed to “reassess the situation at the August meeting.” Despite maintaining […]</p>
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