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ANZ raise its forecast for the RBA terminal rate to 4.35% (from 4.10%)

ANZ raise its forecast for the RBA terminal rate to 4.35% (from 4.10%)
Earlier on the Reserve Bank of Australia:Two outliers are forecasting another 75bp of rate hikes from the RBA, cash rate to 4.6%ANZ have bumped their end-rate higher:We no longer see 4.1% as sufficient to bring inflation back to the target in a reasonable time. We see August most likely for a move.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 timeThe current cash rate This article was wri... Read More
Posted: Jun 1 2023, 23:34
Author Name: forexlive
Views: 102131

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