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ANZ, CBA, NAB & Westpac all expect Reserve Bank of Australia pause at next week's meeting

ANZ, CBA, NAB & Westpac all expect Reserve Bank of Australia pause at next week's meeting
The next Reserve Bank of Australia meeting is on June 6.statement is due at 2.30 pm Sydney time, which is 0430 GMT and 12.30am US Eastern time All four of Australia's major banks, ANZ, CBA, NAB & Westpac, expect an 'on hold' decision from the RBA at this June meeting.Reuters polling finds 22 of 30 analysts survey expect on hold8 of the 30 expect a +25bp rate hikemarket pricing puts the probability of a hike around 33%ANZ do expect another 50bp further ahead:ANZ raise its forecast for the RBA ter... Read More
Posted: Jun 2 2023, 00:56
Author Name: forexlive
Views: 092082

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