Australia: RBA seen holding rates in June – UOB – by pabspiovano RBA Australia CentralBanks Banks InterestRate
Latest wages and employment data reinforce our view of the RBA holding its cash rate at 3.85% in Jun. There, is however, some risk to our view, and that the RBA may raise the cash rate one more time this year, given that inflation remains well above target in the near term; and that the economy is still moderately resilient.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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