RBA governor Bullock says it might be that this rate hike might not be enough
AUD/USD — All Desk Targets
24 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 0.7200 |
ING | Bullish | 0.7100 |
MUFG | Bullish | 0.7000 |
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In case you missed it, the RBA raised its cash rate by 25 bps to 4.85% today in a less straightforward 6-3 vote. That takes the cash rate to the highest level in 18 years, with the central bank trying not to pre-commit to further tightening at this stage. So far, Bullock's tone i
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