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Westpac: RBA titled dovish when its increasing its inflation forecast ... unusual approach

Westpac: RBA titled dovish when its increasing its inflation forecast ... unusual approach

Westpac on the dovish Reserve Bank of Australia minutes released yesterday, this in brief:

  • The key section of the Minutes contains a new dimension to the discussion on policy. The advantage of hiking by 25 basis points at the November meeting after having scaled back to 25 basis points in October is “acting consistently would support confidence in the monetary policy framework among financial market participants and the community more broadly.”
  • That approach would seem to b... Read More
Posted: Nov 15 2022, 22:40
Author Name: forexlive
Views: 110890

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