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AMP forecasts one more RBA rate hike, next move will be rate cuts late 2023 / early 2024

Most analysts I've seen since the Reserve Bank of Australia raised its cash rate yesterday and sounded a more hawkish tone, saying “further increases in interest rates will be needed over the months ahead”, are tipping at least two more cash rate hikes soon.

AMP's Head of Investment Strategy and Economics and Chief Economist is less hawkish.

In the wake of the statement yesterday Oliver said via Twitter:

I continue to see rates as being at or close to the top. Ultima... Read More

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Posted: Feb 8 2023, 00:56

Author Name: forexlive

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