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MNI RBA Preview - March 2023: 25bp In March, Guidance The Focus

RBA
  • As the RBA is widely expected to hike rates 25bp to 3.6% at its March 7 meeting, the focus is likely to be on the statement and any changes to the forward guidance. There may be a tempering of February's more hawkish language given the softer data since that decision but while inflation remains "too high", the message in the inflation phrases in the statement will probably be unchanged. But the RBA is likely to keep its options open.
  • Click to view the full preview: MNI RBA Preview - March 2023

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