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