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✉news BusinessBanking first seen 2 h ago, last 1 h ago, peak #5

Markets bet RBA could follow Fed with consecutive rate hikes

Original: Following the Federal Reserve's rate hike, is the Reserve Bank of Australia poised for consecutive moves? Market focus shifts to a potential restart of rate hikes in September, followed by another increase in November.

After the US Federal Reserve raised interest rates, attention is turning to whether the Reserve Bank of Australia will resume its own tightening cycle. Market watchers are speculating the RBA could restart hikes with a move in September, followed by another increase in November, as central banks worldwide continue battling inflation.

Why now: The Federal Reserve's latest rate hike has revived speculation about whether the RBA will follow with back-to-back increases.

Reserve Bank of AustraliaFederal Reserve

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