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RBA deputy comments raise odds of November rate hike
Original: Odds of November rate hike higher after RBA deputy speaks at investment event | ABC NEWS
Comments by the Reserve Bank of Australia's deputy governor at an investment event have lifted expectations that the central bank will raise interest rates at its November meeting. Financial markets and economists are repricing the likelihood of further monetary tightening, with attention now turning to upcoming inflation data and the RBA board's next decision.
Why now: New signals from a senior RBA official are shifting market expectations about whether rates will rise again in November.
Reserve Bank of AustraliaAustralia
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- Odds of November rate hike higher after RBA deputy speaks at investment event | ABC NEWS · ABC News (Australia) · 40.4K
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