Fundamental: RBA Monetary Policy Update: Line-ball April meeting to take rates to 3.85% peak

We continue to expect the RBA to raise the cash rate by 25bps in April, though we now see the resulting 3.85% rate as the peak (previously 4.1%). Further out, we continue to see rate cuts in H1 2024 bringing the cash rate back to 3.1% as the economy slows and unemployment rises. • It has become increasingly clear that interest rates are nearing their peak, ...     Alert Mar 30, 2023, 3:58pm Fundamental: RBA Monetary Policy Update: Line-ball April meeting to take rates to 3.85% peak We continue to expect the RBA to raise the cash rate by 25bps in April, though we now see the resulting 3.85% rate as the peak (previously 4.1%). Further out, we continue to see rate cuts in H1 2024 bringing the cash rate back to 3.1% as the economy slows and unemployment rises. • It has become increasingly clear that interest rates are nearing their peak, ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support