MNI: RBA Close To Peak, But Further Hike To 4.6% Possible

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Jul-14 03:31By: Daniel O'Leary
RBAAustralia

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The Reserve Bank of Australia's recent emphasis on supply-side shocks suggests it believes the cash rate is close to its peak at 4.35%, though risks remain skewed towards one final increase to 4.6%, with Q2 inflation and inflation expectations likely...