Aura High Yield SME Fund: Letter to Investors 05 August 2022
By Brett Craig
The RBA raised rates for the fourth consecutive meeting with a view to combat the soaring rate of inflation. They are not shying away from introducing additional rate rises moving forward. As noted last week, the headline inflation for the July quarter came in at 6. 1 per cent, well above the 2–3 per cent target range.