menu search

BoA say the Reserve Bank of Australia (& BoC) may have slowed pace of rate hikes too early

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

Search within

Pages Search Results: