Fx News

RBA expected to hold rates this week – UOB

Lee Sue Ann, Economist at UOB Group, remarks on the upcoming hobby charge selection through the RBA.

Key Quotes
Latest wages and employment statistics improve our view of the RBA maintaining its money price at 3.85% in Jun.

There, is however, some danger to our view, and that the RBA may additionally elevate the money charge one greater time this year, given that inflation stays nicely above goal in the close to term; and that the economic system is nevertheless quite resilient.

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