RBA: Need to keep adjusting policy rate until confident inflation is under control
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The Reserve Bank of Australia (RBA), in a tweet on Thursday, expressed concerns over high inflation while maintaining its pledge to continue with interest rate increases until inflation is tamed significantly.
The aussie is catching a fresh bid on the RBA tweet, with AUD/USD testing offers around 0.6500, at the time of writing. The pair is trading modestly flat on the day.
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