- Analytics
- News and Tools
- Market News
- Risks of RBA action appear to be rising – ANZ
Risks of RBA action appear to be rising – ANZ
Economists at ANZ Bank analyze the details of the RBA Minutes.
A rate rise in November would require an uncomfortably high CPI print
The minutes of the October RBA Board meeting read more hawkishly than the September set, particularly the comment toward the end that the ‘Board has a low tolerance for a slower return of inflation to target than currently expected’.
Our view is that a rate rise in November would require an uncomfortably high CPI print, possibly combined with some sign of strength in the labour market.
Pending the upcoming labour market and inflation data, we continue to expect the cash rate to remain at 4.1%. Risks of RBA action appear to be rising, however.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
