Artemas Wealth Management

View from 'down under'

6 June 2023

The pause in the Reserve Bank of Australia’s (RBA’s) rate-hiking cycle was short-lived.
Having interrupted a string of 10 consecutive hikes at its April meeting to “assess the state of the economy and the outlook,” the RBA has just raised its cash rate by 25 basis points this week. The rate is now 4.10%, an 11-year high.

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