Subscribe To
RBA Preview: Not out of the woods yet - BofA
Bank of America Global Research discusses its expectations for Tuesday's RBA policy decision with the market pricing in an 82% of a 25 bps hike and the remainder at no change.
"The Reserve Bank of Australia (RBA) meets this Tuesday, 7 March. We see a high probability of another 25bp hike, taking the cash rate to 3.6%. With 25bp also largely expected by consensus, the focus will be on whether the RBA softens its policy guidance that "it expects that further increases in interest rates wi... Read More
Posted: Mar 6 2023, 19:53
Author Name: forexlive
Views: 092085