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BoA say the Reserve Bank of Australia (& BoC) may have slowed pace of rate hikes too early
Analysts at Bank of America lump the RBA and Bank of Canada in together.
Say that these two were the first major central banks to
- downshift the speed of their rate hikes
However, since their respective decisions:
- strong data came out suggesting they may have pivoted too early
BoA conclude:
- the exit path for central banks does not always run in a straight line
In Australia the most recent official inflation data sure... Read More
Posted: Nov 8 2022, 23:32
Author Name: forexlive
Views: 111611