Oliver warns that the Reserve Bank of Australia (RBA) must remain open to interest rate hikes, noting the increasing hawkishness of the US Federal Reserve.
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Updated oct 6
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Oliver warns that the Reserve Bank of Australia (RBA) must remain open to interest rate hikes, noting the increasing hawkishness of the US Federal Reserve.
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What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Higher interest rates are increasing the cost of government borrowing, coinciding with expert commentary on RBA policy.Sub-event
- Hawkish central bank stance supports AUDUSD pair.Sub-event
Oliver agrees RBA maintained wait-and-see mode; Macquarie cut rates on variable products.1 source
Oliver advises RBA to prepare for potential rate hikes due to hawkish shift in US Fed policy.1 source