RBA decision coming up, previews - on hold but hawkish ...Middle East

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The Reserve Bank of Australia statement is due at 0430 GMT / 0030 US Eastern time / 1430 Sydney time.ANZ see an on hold decision:While we don’t expect the Board to explicitly discuss a rate hike, the communication on Tuesday will be more hawkish than MarchWe continue to see the first rate cut of a shallow easing cycle in November although, as we noted following the CPI , there is a risk this gets pushed into next year.NAB is also expecting the RBA remain on hold:Low unemployment and hot inflation should see a tilt back towards a tightening bias after what many interpreted was a neutral bias at the March meeting Soft activity growth and a tighter for longer forecast assumption are some offse

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Last updated : 07 May 2024 clock 06:40 AM

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RBA decision coming up, previews - on hold but hawkish ...Middle East

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