Economist John Edwards, who once sat on the policy-setting board of the Reserve Bank of Australia said in an interview earlier today that the RBA could raise interest rates four times in quick succession late in 2022.
Edwards, who is given plenty of press time when it comes to his insights into the RBA's thinking, explained that given the current upward trajectory of the economy, slow and incremental hikes could be on the table considering that ''there is no point in one increase.'' If this were the case, this implies a cash rate of 1% by the end of the year.
Mr. Edwards warns that the cautious plod of the RBA could end quickly.
However, the RBA doesn’t expect growth in the Wage Price Index to reach 3% until mid-2023, and as such, the market has concluded that there will be no immanant hawkish from the bank which leaves the currency on the back foot.
''We think the RBA’s wages outlook is too pessimistic which lies behind our expectation that the RBA will begin raising the cash rate in the second half of 2022,'' analysts at ANZ Bank recently argued. Westpac’s view remains for the RBA to raise the cash rate to 0.25% in August and to 0.50% in October.
As for AUD/USD, it is continuing with its hourly advance on the session, printing fresh highs of 0.7137.

© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.