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VIEW: NAB Continue To Look For Feb Hike Post-Bullock

RBA

NAB continues to expect the RBA to deliver a hike in February. They note that “Governor Bullock said this evening “an important consideration in the Board’s decision was that both economic activity and inflation have been a bit more resilient over recent months than expected.” NAB’s expectation is that the Board will assess the single 25bp adjustment delivered in November is not enough to mitigate the risks on inflation inherent in that upward revision to the outlook.”

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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