Tag: November

AUD/USD: on the eve of the November meeting of the RBA – Analytics & Forecasts – 28 October 2022

The RBA is widely expected to raise interest rates by 0.25% at Tuesday's meeting. This will be the second consecutive increase of 0.25%....

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...

AUD traders – Westpac is forecasting a +50bp rate hike from the RBA next week (November 1)

The revised forecast from WPAC We now expect the Reserve Bank Board to raise the cash rate by 50 basis points in November for a terminal rate of 3.85% by March, revised up...

UK finance minister Hunt announces delay to fiscal plan to 17 November

Medium-term fiscal plan will now be full 'autumn statement'Has discussed this with BOE governor Bailey, says he understands the reasoningDelay is the best way to make sure we take the right decisionsI noted...

Timiraos: Fed ‘barreling toward’ a 75 bps hike in November

WSJ Fedwatcher Nick Timiraos is out with his latest and says:"Federal Reserve officials are barreling toward another interest-rate rise of 0.75 percentage points" and whether to signal a smaller hike in December.He highlights...

Westpac are forecasting a 75bp Reserve Bank of New Zealand rate hike on November 23

<p>Westpac revising thier call for the Reserve Bank of New Zealand at the November 23 meeting.</p><ul><li>expect +75bp rate hike</li><li>sees the RBNZ peak rate at 5% (prior 4.75%)</li></ul><p>Follows the skyrocketing CPI data today:</p><ul><li><a href="https://www.forexlive.com/news/nz-q3-cpi-22-qq-expected-16-20221017/"...

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