The Reserve Bank of Australia kept its key rate at a 12-year high of 4.35%. The market widely expected the decision, so it did not cause a spike in volatility. However, we note that the RBA warned that it was ready to raise the rate. In its commentary on the rate decision, the Australian central […]
With the September quarter CPI data confirming that the disinflation remains on track and supply-side concerns easing, rate cuts from February still seem the most likely path for the RBA. Following today’s inflation data for the September quarter, we affirm our call for the Reserve Bank Board to leave the cash rate unchanged at its […]
The post RBA November Meeting: Cash Rate Unchanged Until February appeared first on Action Forex.
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