The Reserve Bank of Australia (RBA) said the outlook for the global economy remained subdued, and policies were likely needed to be tightened further.
A flurry of data suggests that inflation has peaked, and necessary measures shall be taken to bring the CPI back to the target level.
What's more, the banking system is healthy.
RBA to Take Necessary Measures to Bring CPI Back to Target
The Reserve Bank of Australia (RBA) said the outlook for the global economy remained subdued, and policies were likely needed to be tightened further.
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