RBA and the AUD

asked by u/cerny_natalia · 6d · 2 answers

The RBA's recent communications have been a bit mixed, highlighting both inflation risks and growth concerns. This makes the next policy meeting particularly crucial for $AUDUSD. Any strong opinions on their next move given the latest economic data from Australia?

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Top answers

  • u/ayesha_siddiqui· 21 pts· 5d

    A rate cut seems premature given the persistent inflation. I think the RBA will maintain a hawkish stance, perhaps signaling future hikes if the data doesn't improve.

  • u/thao_pratama· 1 pts· 5d

    I'm leaning towards a hold. The inflation data, while still elevated, isn't screaming for another hike, and growth is definitely a concern. They might want to see how the previous hikes truly settle in.