RBA likely to revert to a steady pace of consecutive 25 bps rate hikes – Wells Fargo – by MSalordFX RBA Banks AUDUSD
believes it is now a bit further along the monetary tightening path, and perhaps does not need to move at an accelerated 50 bps pace anymore—also a mildly dovish tilt.”, the RBA indicated it is seeking to bring inflation down in a way that keeps the economy on an "even keel". We believe this language is also consistent with a more measured pace of rate hikes.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AUD/USD retreats towards 0.6950 ahead of RBA Monetary Policy Statement, US NFPAUD/USD bulls take a breather after a two-day uptrend, recently easing to 0.6965 as the key NFP Friday begins. The pair’s latest moves could be linked
Read more »
NFP could give the FOMC the confidence it needs to push ahead aggressively against inflation – Wells FargoThe July US official employment report showed better-than-expected numbers and triggered a rally of the US dollar on Friday. According to analysts at
Read more »
US: Jobless Claims show a recession has not started, but it might not be far – Wells FargoUS: Jobless Claims show a recession has not started, but it might not be far – Wells Fargo – by MSalordFX Recession Employment UnitedStates Banks
Read more »
For Its 30th Anniversary Gala, Robert Wilson's Fabled Watermill Center Borrowed a Theme from H.G. Wells and Took a 'Stand' | Artnet NewsFor its 30th anniversary gala, Robert Wilson's fabled Watermill Center borrowed a theme from H.G. Wells and took a 'stand':
Read more »
GBP/USD hovers around 1.2160 post-BoE’s hike in a volatile sessionThe British pound recovered some ground vs. the greenback after the Bank of England (BoE) hiked rates 50 bps, the highest increase in 27 years, while
Read more »
Fed rate hikes expected to become more aggressive after strong jobs reportSome economists expect the Federal Reserve could be more aggressive than the market has expected, following July's surprisingly strong jobs report.
Read more »