RBA Closer to Hike Than Market Pricing Suggests -- Market Talk
Australian Dollar Receives Support as RBA Seems to Adopt a Hawkish Stance
AUD: RBA Still Hawkish – Rabobank
Aussie Dollar Could Rise as Imminent Rate Cut Unlikely -- Market Talk
Ignoring the global easing trend, the Governor of the Reserve Bank of Australia takes a hawkish stance: if inflation does not fall, interest rates will continue to rise! The Australian dollar responded with an increase.
The Governor of the Reserve Bank of Australia has emphasized a high degree of vigilance towards upward pressure on inflation and clearly stated that if necessary, the Bank will not hesitate to further increase interest rates.
Australian Central Bank Governor Keeps Option of Further Rate Hike on the Table