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“My expectation would be that the RBA won't hurry into A further amount rise in December but in its place assess inflation and progress tendencies about the next couple of months, with a possible even further charge increase in February In the event the [December quarter customer cost index] on 31

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persistent than envisioned a number of months in the past,” Bullock mentioned. The central bank had been given contemporary information due to the fact its August meeting and “the weight of the info indicates that the risk of inflation remaining increased for extended has amplified”.

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In Subject matter 9 – Fiscal Regulation, we talked over the purpose and responsibilities of RBA And exactly how they use fiscal rules to meet their targets. We explored the impression that these restrictions have about the stream of money and the cost of cash.

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