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Morgan Stanley expect a final rate hike from the Reserve Bank of Australia in November

Morgan Stanley expect a final rate hike from the Reserve Bank of Australia in November
Morgan Stanley on a Reserve Bank of Australia rate hike still to come:The RBA now appears comfortably in data-dependent mode, with little suggestion that it needs to front-load the tightening that is incorporated in its forecasts However, its inflation path suggests little room for surprisesAs such, we now expect a final rate hike at the next forecast update in November, lowering our terminal rate forecast from 4.60% to 4.35%. The risk to our forecast is a more extended period on hold.Comments c... Read More
Posted: Aug 3 2023, 03:05
Author Name: forexlive
Views: 080773

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