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Heads up: RBA June monetary policy decision coming at the bottom of the hour

The "big four" in Australia are all anticipating no change to the cash rate, so that sort of lays down expectations ahead of the meeting. This is one where the RBA could be 'skipping' a rate hike as they pause and reassess the inflation and economic outlook.But if they are going to have the propensity to surprise, it will be leaning towards another 25 bps rate hike.As things stand, OIS futures are showing 65% odds of no change in the cash rate with the remaining 35% favouring a 25 bps move. That... Read More

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Heads

June

Monetary

Policy

Decision

Coming

Bottom

Hour

Forex

Posted: Jun 6 2023, 04:04

Author Name: forexlive

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