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By Greg Peel
The RBA raised its cash rate by 25 basis points to 6.75% this morning, surprising absolutely no one.
FNArena will later provide a summary of the accompanying RBA statement, but there are unlikely to be any surprises. We’ve all seen the data – one by one the news has rolled in that the Australian economy is strong and getting stronger.
Attention now turns to when the next raise will be, and the majority of economists are beginning to think February is also is in the bag already.
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Australian investors stay informed with FNArena – your trusted source for Australian financial news. We deliver expert analysis, daily updates on the ASX and commodity markets, and deep insights into companies on the ASX200 and ASX300, and beyond. Whether you're seeking a reliable financial newsletter or comprehensive finance news and detailed insights, FNArena offers unmatched coverage of the stock market news that matters. As a leading financial online newspaper, we help you stay ahead in the fast-moving world of Australian finance news.
