Gbp Usd Cable Forecast May 2026 Rate Divergence 20260513 2101
Gbp Usd Cable Forecast May 2026 Rate Divergence 20260513 2101
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Citi reiterate forecast for a 25bp RBA rate hike at the Bank's August meeting.
citi· investinglive-cb· Jun 2, 2026Earlier: Australia lifts minimum wage by 4.75%. Analysts at Citi said Australia's minimum wage increase, layered on top of existing cost pressures, reinforced their call for a fourth RBA rate hike in August to 4.60%. The bank flagged upside inflation risks persisting into the sec
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RBA's hawkish Harper hints herald hike
· investinglive-cb· Jun 2, 2026Reserve Bank of Australia board member Ian Harper said stronger-than-expected domestic demand and the return of capacity constraints have reopened the output gap, prompting markets to price in policy action. Harper flagged persistent inflation as a genuine concern, noting that ma
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