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Writer's pictureRosbel Durán

🏦🇦🇺 RBA Cash Rate Forecasts Brought Forward: Bloomberg

  • A recent survey compiled by Bloomberg showed economists upgrading their views on the RBA's first rate hike this year

  • The median sees the central bank hiking by 15bps in July and by 25bps in September, economists expect the RBA to raise rates to 0.75% by the end of 2022 and to 1.0% by 1Q23

  • Some desks highlight an earlier move. BofA, Scotiabank, CapEco, Nomura, and RBC see the RBA moving as soon as June


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