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Economists Expect RBA to Hold Rates Steady

Economists Expect RBA to Hold Rates Steady

Ivy Chen 5 days ago
A Reuters poll indicates a strong consensus among economists that the Reserve Bank of Australia (RBA) will maintain its cash rate at 4.35% on June 16. This expected hold follows a period of rate hikes. Attention will now focus on the RBA's forward guidance regarding inflation risks, particularly those influenced by Middle East events. Some economists still anticipate higher rates by September, suggesting sensitivity to upcoming inflation and labor data.
United States

Economists Expect RBA to Hold Rates Steady

Ivy Chen 5 days ago
A Reuters poll indicates a strong consensus among economists that the Reserve Bank of Australia (RBA) will maintain its cash rate at 4.35% on June 16. This expected hold follows a period of rate hikes. Attention will now focus on the RBA's forward guidance regarding inflation risks, particularly those influenced by Middle East events. Some economists still anticipate higher rates by September, suggesting sensitivity to upcoming inflation and labor data.
United States
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