RBA’s hawkish SoMP points to another rate hike

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>RBA’s latest Statement on Monetary Policy presents a more hawkish picture than market observers anticipated, with upward revisions in both headline and underlying inflation projections, alongside stronger growth outlook. More importantly, these projections rest on the assumption that cash rate will peak around 4.50%, comparing to the current 4.35%, suggesting another rate hike could be […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/526784-rbas-hawkish-somp-points-to-another-rate-hike/">RBA’s hawkish SoMP points to another rate hike</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>