AustraliaRBA Considers September Interest Rate Hike Due to High CPI
The National Australia Bank (NAB) forecasts an unexpected 25 basis point interest rate hike by the Reserve Bank of Australia (RBA) next month due to higher-than-expected July CPI figures.
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RBA Unexpectedly Considers September Interest Rate Hike
First report 21h agoLast update 21h ago1 takes 1
forecasting interest rate hikeneutralShow 1 post
started 21h ago•Last update 21h ago
Analysts are predicting an imminent interest rate increase by the RBA, driven by persistent inflation and rising fuel costs.
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