Tue, Jul 04, 2023
“Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable time-frame, but that will depend upon how the economy and inflation evolve,” Lowe said in a statement.
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Tue, Dec 06, 2022
Wrapping up its last policy meeting this year, the Reserve Bank of Australia (RBA) lifted its cash rate by 25 basis points to 3.1%, the eighth hike in as many months and bringing its rate increases to a hefty 300 basis points since May.
Fri, Nov 25, 2016
Australian banks ANZ and Macquarie on Friday agreed to pay Australian dollar 15 million (nearly US $11 million) in fines for trying to manipulate the benchmark rate of the Malaysian ringgit.
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