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This morning Deputy Governor Hauser participated in a fireside chat at Citi’s Australia & New Zealand Investment Conference. On inflation, Mr Hauser noted “the inflation outlook looks materially worse than we projected in the August report." He cited three upside risks to inflation. First, “oil prices are even higher,
Goldman Sachs economists expect the RBA to raise rates by 25 basis points to 4.85% at its November meeting, citing Deputy Governor Andrew Hauser’s remarks.
Three Goldman Sachs economists said the RBA's September meeting minutes were more hawkish than its press conference and likely lowered the bar for another rate increase in November.
By Wayne Cole SYDNEY, Oct 13 (Reuters) — The Australian dollar flatlined on Tuesday as a selloff in global risk assets offset a hawkish commentary from the country's central bank, while its New Zealand counterpart touched lows last seen in April 2025. Minutes of the Reserve Bank of Australia's last policy meeting showe
BOTTOM LINE: The RBA raised the cash rate 25bp to 4.60% at today's meeting, in line with our and consensus expectations (GSe 4.60%). The Monetary Policy Board’s (MPB) decision was unanimous, with financial markets priced for 24.2bp of tightening prior to the meeting. The brief statement attending the decision retained
Goldman Sachs brings forward their RBA rate hike estimate to September from November.
Goldman Sachs now expects the RBA to raise rates in November, according to LiveSquawk.