RBA’s Hawkish Hold: Why Australia is Staying the Course

The Reserve Bank of Australia (RBA) faces a delicate balancing act as it navigates persistent inflation, leading to a potential ‘hawkish hold’ in November. This strategy signifies their commitment to bringing inflation back under control, even if it means slowing down economic growth. The RBA acknowledges the impact of inflation on Australians but remains determined to avoid a recession by controlling price pressures effectively. Here’s what you need to know about the upcoming decision and its implications