The #RBA raises interest rates by 25bp as broadly expected with more to come. The Bank noting "increases in interest rates will be needed over the months ahead", pencil in another 25bp hike for March unless the data capitulates before then 
A hawkish tone around inflation from the #RBA seemingly coming around to the idea that the narrow path it seeks to tread is becoming more so, interestingly it didn't change its central growth forecasts
Headline inflation forecasts no different either with a return to the top of the band in mid-2025, such elevated inflation rules out any rate cuts this year. No mention of the new underlying forecast even though that was the forecast miss in the data, a curious omission
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