RBA Says Not Possible to Predict Cash Rate Path With Confidence

Australia’s central bank said it’s impossible to confidently predict the path for policy after raising interest rates for a second time this year as a surge in oil prices from...

By Swati Pandey · Bloomberg Markets

Australia’s central bank said it’s impossible to confidently predict the path for policy after raising interest rates for a second time this year as a surge in oil prices from the Middle East war fans inflation risks.