An official from the Reserve Bank of Australia stated that previous monetary policy tightening is having its intended effect on the economy.
An official at Australia's central bank stated that the institution's ongoing series of interest rate hikes are functioning as intended to cool economic activity.
The assessment highlights the Reserve Bank of Australia's ongoing efforts to manage domestic economic pressures through monetary policy adjustments.
Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.
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