Hike rates

Reserve Bank of Australia may raise rates in August, ABC’s Mundy says

Bloomberg Markets and Finance published this video article, titled “Reserve Bank of Australia May Hike Rates in August, CBA’s Mundy Says” – their description is below.

Kim Mundy, Senior Economist and Currency Strategist at Commonwealth Bank of Australia, discusses central bank policy and the outlook for the economy. The Reserve Bank has signaled that it will remain at the dovish end of the global political spectrum even if it terminates one of its tools in times of crisis. Mundy also talks about the Australian and US dollars and the euro. She talks about “Bloomberg Daybreak: Australia”.

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