Economists expect the RBA will hold the cash rate at a 12-year high of 4.35% on Tuesday — and keep it there until at least February. Governor Michele Bullock has said rate cuts are unlikely this year as inflation is proving sticky. Chalmers had originally wanted to negotiate with the cent...
uncertainties and to adjust policy if needed. In this respect, the MPC opted for a 25 bps hike to 3.35%. Members also agreedthat further increases in the interest rate are needed over the months ahead.Contrary to December, the Board didn’t retain the option of k...
RBA announcement (Tue): The RBA will decide on rates next week in what is widely viewed as a live meeting with swaps traders fully pricing in a 15bps increase for the Cash Rate Target to 0.25% from the current record low of 0.10%, while swap markets also suggested a 25% chance of ...