INVESTINGLIVEEamonn Sheridan
Citi reiterate forecast for a 25bp RBA rate hike at the Bank's August meeting.
Earlier: Australia lifts minimum wage by 4.75%. Analysts at Citi said Australia's minimum wage increase, layered on top of existing cost pressures, reinforced their call for a fourth RBA rate hike in August to 4.60%. The bank flagged upside inflation risks persisting into the sec
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