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Commonwealth Bank of Australia expect an RBA pause at the April 4th meeting

Commonwealth Bank of Australia expect an RBA pause at the April 4th meeting

From CBA, in brief:

  • We ascribe a 55% chance to no change and a 45%probability to a 25bp rate increaseto 3.85% (we consider the risk of any other move immaterial)
  • The actions of many other central banks globally over the past two weeks lend weight to the RBA continuing to tighten policy despite some concerns within pockets of the global banking system(outside of Australia)
  • But the domestic economy is now showing sufficient signs of slowing and we expect the RBA Board... Read More
Posted: Mar 30 2023, 22:21
Author Name: forexlive
Views: 082191

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