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RBA’s July Rate Decision Looms | Auckland News
Description
The Reserve Bank is set to make a high-stakes call this Wednesday—should they raise interest rates for the first time in over three years? With inflation pressures and economic fragility in play, economists are split: some urge caution, others push for action. Markets are betting on a hike, but recent oil price drops and shifting forecasts suggest a pause may be in order. The decision could reshape Australia’s economic trajectory for months to come.
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