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It is possible that the market is looking at the change in wording in the RBA's statement, going from an citing the likely need for "further increases in interest rates" last month, to "further tightening of monetary policy".Any notion that this is a signal of only one more rate hike left is extremely speculative, but it is now a slim possibility, which it was not in the February statement.
It is possible that the market is looking at the change in wording in the RBA's statement, going from an citing the likely need for "further increases in interest rates" last month, to "further tightening of monetary policy".
Any notion that this is a signal of only one more rate hike left is extremely speculative, but it is now a slim possibility, which it was not in the February statement.
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