Australia: RBA seen raising the OCR further in November – UOB – by pabspiovano RBA Australia InterestRate CentralBanks Banks
“The latest Federal Budget, unveiled on 25 Oct, displayed strong fiscal discipline, which is crucial and consistent with RBA’s efforts to curb inflation. Notably, both headline and underlying inflation for 3Q22 came in higher than expectations. But we believe inflation will likely peak in 4Q22, in the absence of further significant global shocks.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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