 Summary of the RBAs December statement: The RBA raised rates by 25bp from 2.85 to 3.1 Inflation in Australia is too high A further increase in inflation is expected over the months ahead Medium-term inflation expectations remain well anchored, and it is important that this remains the case Economic growth is expected to moderate as ... The post RBA Hike Rates by 25bp, More Hikes to Follow appeared first on Action Forex... 