Shane Oliver, Chief Economist at AMP Capital
The RBA moved the cash rate higher for the 6th month in a row, but by moving just 25 basis points it has signalled that the hardest of the rate moves have already been made.
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The RBA moved the cash rate higher for the 6th month in a row, but by moving just 25 basis points it has signalled that the hardest of the rate moves have already been made.