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What are the odds of a RBA rate hike next month now?

What are the odds of a RBA rate hike next month now?
In case you missed the headlines from earlier, you can check out Eamonn's recap here: RBA rate hike incoming on November 7 - will they hike again in December?The OIS market is now pricing in roughly 63% odds of a 25 bps move next month, following the stronger-than-expected inflation numbers earlier today. That also prompted the likes of ANZ and CBA to make the call that the RBA will deliver another rate hike on 7 November.The peak pricing on rates right now is seen around ~4.45% and is a bit of... Read More
Posted: Oct 25 2023, 04:26
Author Name: forexlive
Views: 042336

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