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🇦🇺 Deutsche Bank now sees the RBA to hike rates by 25bps to 4.60% at the next meeting in August - @newsquawk on https://t.co/orvmA6Wqwk Full Story → https://t.co/DjPT25txT9 https://t.co/8SuiFApREi
🇦🇺 Morgan Stanley are now calling for a hike by the RBA at the August meeting, according to their note - @newsquawk on https://t.co/orvmA6Wqwk Full Story → https://t.co/Su3dToYKVb
And here we go - Deutsche bank now calling for a 25bp hike from the RBA in the August meeting
Major financial institutions like Deutsche Bank, Morgan Stanley, and FOREXcom are predicting a 25 basis point rate hike by the Reserve Bank of Australia (RBA) in their August meeting due to an unexpected increase in inflation, signaling a potential shift in monetary policy.