Reserve Bank of Australia preview – more hawkish

The Reserve Bank of Australia policy statement is due at 2.30 pm Sydney time:

  • 0430 GMT and 0030 US Eastern time.

Reserve Bank of Australia Governor Bullock’s press conference will follow an hour later.

Earlier previews:

Outlier call for a rate hike:

Snippet from BNZ on what to expect

  • The RBA will need to acknowledge the positive
    inflation surprise and lower unemployment rate trajectory
  • So the tone of the statement could come across as more
    hawkish than the last neutral one

Current cash rate & inflation:

This article was written by Eamonn Sheridan at Source