The Reserve Bank of Australia (RBA) is managing interest rates in Australia, with expert Pete predicting that the RBA will raise rates.
4 reports, 3 independent
Updated Thu 00:00
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What happened
The Reserve Bank of Australia (RBA) is managing interest rates in Australia, with expert Pete predicting that the RBA will raise rates.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Westpac economists forecast an RBA rate hike, referencing former RBA official Luci Ellis.1 source
RBA manages Australian interest rates; expert Pete predicts rate hikes.1 source
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The entities involved
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RBA
Spanish media enterprise
- 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.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
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Pete
Shoshoni artist
Related events
- The RBA raises interest rates to manage inflation, influenced by GDP data and economic disruptions caused by the Middle East conflict.
- Sarah Hunter, Assistant Governor of the RBA, commented on the state of the Australian housing market.
- RBA is being advised by Sarah Hunter regarding inflation risks stemming from geopolitical tensions in the Middle East that are causing supply shocks affecting both Australia and Italy.
- 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.
- RBA tightening cycle influences bank rates, leading to falling home values and lender competition in Sydney and Melbourne.