Free Trial

MNI RBA Preview - October 2022: 50bp But A Very Close Call

RBA

EXECUTIVE SUMMARY

  • We think that the data and RBA communique point to a final 50bp hike at the Bank’s October meeting, which would leave the cash rate target at 2.85%.
  • Market pricing surrounding the terminal rate has shifted higher again in recent weeks’ although the June peak of ~4.50% has not been breached.
  • The RBA has made it very clear that its decisions will be data dependent and this month’s data show that the economy continues to operate in a resilient manner.
  • Full MNI preview here
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.