Skip to main content

RBA felt May hike gave it room to assess impact of Iran war

Board members believed tightening would make conditions slightly restrictive, minutes show

Reserve Bank of Australia
Alex Towle

Reserve Bank of Australia board members felt this year’s rate hikes would give them room to observe how the Middle East conflict would develop, minutes of the bank’s May 4–5 policy meeting show.

The minutes, published today (May 19), show that board members felt financial conditions would “probably be somewhat restrictive” following their decision to raise rates by 25 basis points to 4.35%. “They therefore agreed that the decision would give the board space to see how the conflict in the Middle

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Most read articles loading...

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

Iniciar sesión
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 individual account

.