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National Australia Bank expect a +25bp rate hike from the RBA, but not until August

The next Reserve Bank of Australia meeting is on June 6.statement is due at 2.30 pm Sydney time, which is 0430 GMT and 12.30am US Eastern timeVia National Australia Bank, expecting aa pause at this meeting:" the RBA has slowed down the cadence of rate hikes. And having gone in May after pausing in April, we are not sure the data makes the case for them to go as soon as June, even as we do still expect one more hike," "The level of interest rates is still not sufficiently restrictive for the RBA... Read More

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Content Topics

National

Australia

Bank

Expect

25bp

Rate

Hike

From

Rba

August

Forex

Posted: Jun 2 2023, 00:30

Author Name: forexlive

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