Westpac sees RBA hold at the June 15-16 meeting, but more hikes ahead
From the original
Westpac's call for a June hold followed by further hikes in August and September keeps the RBA's tightening cycle alive in market pricing, even as the bank trims its inflation peak forecasts. The framing that downside risks dominate, with zero or one hike more likely than three,
Related speeches
4 itemsMore like this
5 itemsBoE’s Greene warns waiting for second-round inflation effects would be too late
PBOC sets USD/ CNY central rate at 6.7298 (vs. estimate at 6.6981), strongest since 2 February 2023
RBA minutes show three reasons for hike to 4.60% and leave door open to further increases
PBOC is expected to set the USD/CNY reference rate at 6.6981 – Reuters estimate