Australia considered bigger rise

Minutes from the February board meeting of the Reserve Bank of Australia show that the central bank considered raising its cash target by a bigger margin than the quarter percentage point rise announced on 5 February.

The minutes, released today, revealed that the board had chosen a quarter percentage rise rather than half a percentage point, despite its belief that the inflation outlook had worsened since the previous meeting in December.

"Global credit and equity markets, which the board cons

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: