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Deutsche Bank forecast 25bp rate hikes from the RBA in February, March, May and August

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

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