Technical Analysis

Forecast for the Reserve Bank of Australia to hike by 25bp at each of the next 2 meetings

The forecast is from National Australia Bank.

  • see a 25bp rate hike from the Reserve Bank of Australia at the next meeting on February 7 2023
  • then another 25bp hike at the March 7 2023 meeting

This’ll take the cash rate target to 3.6%. NAB then see the RBA pausing. NAB expects global growth to falter and the inflation rate to fall.

The RBA hiking cycle so far:

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