When the RBA last met at the start of this month, the Board unanimously voted to increase the cash rate by 25 bps to 3.85% from 3.60%, though it did so cautiously. For me, the meeting was a blend of hawkish intent and measured restraint, suggesting that while the central bank is serious about controlling inflationary pressures and that it is its primary concern, it did not explicitly commit to aggressive tightening and that future moves would be dependent on incoming data. This week welcomes the January Australian CPI inflation report on Wednesday at 12:30 am GMT – the first release since the central bank’s rate ... (full story)