✉news BusinessBanking first seen 13 h ago, last 5 min ago, peak #1
RBA Set to Resume Interest Rate Rises as Inflation Persistence Grows
Original: RBA Set to Resume Raising Key Rate as Patience on Prices Erodes
Australia's central bank is expected to begin raising interest rates again, with its patience over stubborn price pressures wearing thin. Bloomberg reports the Reserve Bank of Australia is set to resume tightening, signalling that inflation has proved more persistent than policymakers wanted and that further increases to the key rate are on the table.
Why now: Markets and borrowers are reacting to expectations the RBA will deliver another rate rise amid persistent inflation.
Rank over time, top of the chart is #1. 11 snapshots from 13 h ago to 5 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/156538