- Analytics
- News and Tools
- Market News
- RBA: Terminal cash rate of 4.1% by May – ANZ
RBA: Terminal cash rate of 4.1% by May – ANZ
Inflationary pressures push the peak cash rate higher. According to ANZ Bank economists, a higher terminal rate of 4.1% looks likely to be required.
RBA will hold the cash rate at 4.1% until late 2024
“We now have the RBA cash rate target peaking at 4.1% in May 2023, up 25 bps from our previous peak of 3.85%.”
“Persistence in inflation pressures suggests that the cash rate will remain in restrictive territory for some time. We do not expect the RBA to start easing until a 25 bps cut in November 2024.”
“Given that price pressures are intense and look to remain stronger for longer, we have lifted our 2023 inflation and wage growth forecasts and see the higher cash rate as necessary to return inflation to the top of the target band by late-2024.”
“Our revised rate path has the RBA tightening by 25 bps in March, April and May.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
