RBA Preview: Forecasts from 9 major banks, hiking for the fifth time by 25 bps

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RBA Preview: Forecasts from 9 major banks, hiking for the fifth time by 25 bps
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RBA Preview: Forecasts from 9 major banks, hiking for the fifth time by 25 bps RBA AUDUSD Macroeconomics Banks InterestRate

se time, here are the forecasts by the economists and researchers of 9 major banks regarding the upcoming central bank's decision.

The RBA is set to deliver another 25 basis points rate hike in March, lifting the Official Cash Rate from 3.35% to 3.60%. The focus will be on the March statement for any changes in the central bank’s language, with regard to the wage and rate hike“We expect that the upcoming RBA meeting is going to be much more interesting than has been the case recently.

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