RBA on hold, keeps tightening bias

<p>RBA kept its cash rate target at 4.10%, retaining a hawkish bias. The bank noted, “Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe.” However, RBA underscored that any future decision will be data-dependent and based on an “evolving assessment of risks.” Explaining the […]</p>
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