Wednesday, February 4, 2026 at 6:25 AM
Australians are again bracing for rate pain, as an overheating economy forces the central bank to tighten the policy screws
The Reserve Bank of Australia sees the country’s inflation rate as too high and will take all necessary measures to bring it under control, a top central bank official said.
The Reserve Bank of Australia has delivered its first interest-rate increase since late 2023.
The dollar, which strengthened slightly, has a long-term bearish bias, but could consolidate in the short term, Bannockburn said.
Plus, Fed meeting and big tech earnings
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