A hawkish hike from the RBA to 4.6% – this is likely the top, but the risk of another hike is very high
Key Points As widely expected, the RBA hikes 0.25% to 4.6%, as upside risks to inflation have “materialised.” The RBA retained a tightening bias noting that inflation Is “still too high” and that it will do what it considers necessary to achieve its mandate, “including increasing the cash rate target further if needed”. Our base … Read more