ANZ expects RBA cash-rate hikes in September and November
ANZ says the Reserve Bank of Australia is likely to raise the cash rate in September and again in November, taking it to 4.85%—its highest level since 2008.
The Reserve Bank of Australia is likely to raise the cash rate by 25 basis points in September, with another increase expected in November, ANZ said after adding one more hike to its latest projections. 85%, the highest since 2008, according to Adam Boyton, head of Australian economics.