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Preview: RBA monetary policy meeting today. Here's an outlier call for a 25bp rate hike.

Preview: RBA monetary policy meeting today. Here's an outlier call for a 25bp rate hike.
The Reserve Bank of Australia meet on Tuesday, 2 May 2023.statement due at 2.30pm local time, which is 0430 GMT and 0030 US Eastern timeLast month the RBA left its cash rate unchanged after 10 consecutive rate hikes.The consensus expected is for another hold decision, leaving the cash rate at 3.6%-Australia's Commonwealth Bank of Australia is tipping a 25bp rate hike, saying it's a line ball call. In brief:We retain our call for the RBA to increase the cash rate by 25bp to 3.85% at the May Board... Read More
Posted: May 1 2023, 22:51
Author Name: forexlive
Views: 081853

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