RBA September meeting minutes: board will increase cash rate target further if required, saw increased risk of persistently elevated inflation

The Reserve Bank of Australia's minutes of its September policy meeting show the board will increase the cash rate target further if required, having seen an increased risk of persistently elevated inflation. The board unanimously supported the 25-basis-point rate increase, and members urged caution in interpreting labour market figures due to changes to employment surveys.

Detected & updated continuously · Source: Nebula