In Australia, the central bank reveals a more hawkish position


SYDNEY — The Reserve Bank of Australia maintained its official exchange rate in emergency situations, but opened the door to higher interest rates in the coming months with a more hawkish outlook.

The country’s central bank said on Tuesday it would keep its benchmark rate at 0.10%, as economists had expected, but dropped remarks that it was prepared to be patient with policy guidance as it recognized the signs that wage growth might pick up.


Wj

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