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VIEW: ANZ: Further Tightening Ahead

RBA

ANZ note that “today’s statement confirmed the RBA plans to take the cash rate higher over coming months. Changes to the statement, however, suggest the timing will be more data dependent giving the RBA an option to pause if the recent run of soft data continues. We don’t expect that to be the case and continue to forecast the cash rate target to rise 25bp in both April and May to a peak of 4.10%.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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