Free Trial

VIEW: Westpac’s Evans Still Sees Q123 Liftoff, Should Stay Course W/ YCT

RBA

Westpac chief economist Bill Evans "still expects the first RBA rate hike to be in the March quarter of 2023. Markets are now positioned for September 2022 which will be too early. The rigid inflation objective is likely to be achieved later in 2022 but still well ahead of the RBA's current timetable of 2024. While Yield Curve Control is proving "expensive" the RBA should definitely stay the course."

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.