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RBA was on the ‘path to reducing rates’ but not anymore

The Reserve Bank of Australia was absolutely on a “path to reducing rates”, says The Motley Fool Chief Investment Officer Scott Phillips.

“Until they said last time that inflation wasn’t falling as quickly as they had expected,” Mr Phillips told Sky News Australia.

His comments come as the RBA is set to release the minutes from its last board meeting on Tuesday.

Видео RBA was on the ‘path to reducing rates’ but not anymore канала Sky News Australia
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21 мая 2024 г. 5:03:44
00:05:22
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