RBA is expected to hike by +25bp in August according to 23 of 25 analysts – Reuters poll

The next Reserve Bank of Australia meeting is August 1.

  • Reuters polled 25 analysts, 23 expected a +25 bp rate hike, to 4.35%
  • 2 expect a pause
  • 10 of 22 expect the RBA to raise rates
    once more in September, taking rates to
    4.60% by the end of
    this quarter. The other 12 said rates would
    stay at 4.35%.

Currently at the RBA:

This article was written by Eamonn Sheridan at www.forexlive.com. Source