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Q+A: Did the RBA have no choice but to hike?
Published 1 month, 1 week ago
Description
The Reserve Bank has lifted interest rates for the first time in two years, and while the hike was widely expected by markets, not all economists thought the RBA would do it.
AMP Deputy Chief Economist Diana Mousina explains why the unanimous vote raised eyebrows, and why she believes this may still be a one-off adjustment rather than the start of a tightening cycle.
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