Australia’s central bank says closer to pausing on rate hikes

SYDNEY¬† -The head of Australia’s central bank on Wednesday said it was closer to pausing its aggressive cycle of rate increases as policy was now in restrictive territory, and suggested a halt could come as soon as April. Reserve Bank of Australia (RBA) Governor Philip Lowe did reiterate that further tightening was still likely to … Continue reading Australia’s central bank says closer to pausing on rate hikes