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RBA rate hike expected today - preview
National Australia Bank on the Reserve Bank of Australia meeting today, Tuesday, 7 February 2023:
- The RBA is expected to deliver another 25bp increase to take the Cash Rate to 3.35%, an outcome expected by almost everyone surveyed by the main media outlets (a couple are picking no change, no-one a 50-point increase).
- Money markets have about 20bps priced.
- We expect the RBA to keep similar guidance to the December meeting and keep a hawkish bias given domestic inf... Read More
Posted: Feb 6 2023, 23:00
Author Name: forexlive
Views: 110559