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Deutsche Bank forecast 25bp rate hikes from the RBA in February, March, May and August
Deutsche Bank issued the forecast prior to the vomitous retail sales data:
Australia December retail sales -3.9% m/m (expected -0.3%)
The Australian consumer clearly responding to RBA rate hikes so far, housing prices softening, and rising inflation. The December data is the worst ever m/m apart from COVID times and the GST... Read More
Posted: Jan 31 2023, 00:53
Author Name: forexlive
Views: 111539