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?
Reserve Bank of Australia Governor Lowe