AUSTRALIA’S central bank raised its cash rate to the highest in more than a decade on Tuesday (Mar 7), but suggested it might be nearly done tightening as consumer spending was slowing and there was less risk of a wages-driven inflation blow-out.
AUSTRALIA’S central bank raised its cash rate to the highest in more than a decade on Tuesday (Mar 7), but suggested it might be nearly done tightening as consumer spending was slowing and there was less risk of a wages-driven inflation blow-out.