Economic and event calendar in Asia Thursday, June 4, 2026 - RBA packs the agenda!
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RBA's Michele Bullock, Governor, Sarah Hunter, Assistant Governor (Economic), and Christopher Kent, Assistant Governor (Financial Markets) will all speak in Australia's parliament. Appearance before the Senate Economics Legislation Committee (2026–27 Budget estimates). The Bank h
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Economic and event calendar in Asia 5 May 2026, Reserve Bank of Australia rate hlke day!
The Reserve Bank of Australia (RBA) is poised for a 25 basis point rate hike today, driven by inflationary pressures exacerbated by geopolitical tensions, particularly the ongoing conflict in Iran. Per the full note from Eamonn Sheridan at investinglive.com, this marks the RBA's third consecutive hike, reflecting a split board that is nonetheless leaning towards tightening. The market is closely watching this decision, especially given the potential for a hawkish stance from Governor Bullock regardless of the outcome, indicating a strong commitment to combat inflation. The consensus among analysts suggests a significant focus on the implications of the Hormuz Strait situation on inflation dynamics, which could influence future monetary policy.