The Reserve Bank of Australia meet next week, November 1. ANZ tip a +25bp rate hike.

I posted earlier in the week on ANZ’s call:

This added by ANZ:

• We expect the RBA to push its inflation forecast for 2022 above 8%.
• Despite this we think the RBA will stick with a 25bp move in November and also go in December with an eventual peak of 3.85% by May-23

RBA previews:

• Australia: Inflation powers through 7% … Where does this leave the RBA?