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Economic calendar in Asia Wednesday, 7 June 2023: RBA's Lowe speaks, China May trade data

Economic calendar in Asia Wednesday, 7 June 2023: RBA's Lowe speaks, China May trade data
Yesterday's Reserve Bank of Australia meeting was very much 'live'. While the consensus was for no change the rate hike didn't come as a shock. Recent wage rise info and inflation data (and even higher inflation data) were all sweat points for the RBA.And so we got a rate hike:RBA surprises with 25 bps rate hike, cash rate raised to 4.10%Full statement of the RBA June 2023 monetary policy decisionReserve Bank of Australia Governor Lowe will likely be addressing the decision in his comments today... Read More
Posted: Jun 6 2023, 20:24
Author Name: forexlive
Views: 1023100

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