Economic Update May 2022 –

Click below to get an update from The Reserve Bank of Australia:
– interest rates & inflation
– local & global economies
– employment & wages

How do the Reserve Bank come to their decisions on Interest Rates?
The Board of the RBA considered the outlook for the global economy, bond yields, the Australian economy, the Australian labour market, housing market & inflation.

Philip Lowe, Governor of The Reserve Bank, explains everything here in his economic update

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Economic Update May 2022