Will the RBA Raise Interest Rates after a Surprise in Inflation?

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Will the RBA Raise Interest Rates after a Surprise in Inflation?

The Reserve Bank of Australia announces its policy decision on Tuesday at 04:30 GMT. Australia’s currency was on the verge of collapsing Thursday owing to fears of an impending European financial crisis and a weakening in China’s economy. Even if the domestic economy is strong, it’s difficult to imagine the RBA will hike rates recklessly […]

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