Citi economist predicts that the Reserve Bank of Australia will raise interest rates.
1 report, 1 independent
Updated Jun 17
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What happened
Citi economist predicts that the Reserve Bank of Australia will raise interest rates.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Reserve Bank of Australia is the central bank of Australia and manages monetary policy for the nation.Also in this story
- Melinda Cilento was appointed to the monetary policy board of the Reserve Bank of Australia, where she also serves as CEO of the think tank.
- The RBA board has indicated that it is maintaining a clear bias toward central bank tightening regarding monetary policy.
The entities involved
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Reserve Bank of Australia
central bank of Australia
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- Geopolitical peace deals are impacting oil prices due to the ongoing situation in the Middle East.
Related events
- Major central banks, including the RBA, FED, and BoJ, are driving global interest rate shifts through recent rate hikes and probability changes.
- Interest rate speculation, driven by the Reserve Bank of Australia, is now impacting consumer sentiment specifically within Sydney.
- Employment data released by the Australian Bureau of Statistics informs the Reserve Bank of Australia's outlook on interest rates.
- The Reserve Bank of Australia monitors spending data from the Australian Bureau of Statistics to inform its monetary policy decisions.
- The Reserve Bank of Australia is managing Australian borrowing costs and monitoring inflation data alongside the FED.