RBA Cash Rate July 2022: Yet Another Cash Hike BUT Why Consumer Sentiment is not as bad as it seems?

And just like that, we’re back with another jam-packed economic and RBA update! This month saw the RBA lift cash rates by yet another 50 basis points, bringing the cash rate to 1.35% – the biggest month-on-month increase in 22 years and the highest cash rate since early June 2019.Here are our other key themes for this month’s economic update: The world’s leading economies are going to manufacture an economic slowdown to curb global inflation What do we need to do to break our ...