Is the RBA preparing to go harder?

NAB Morning Call · Jun 20, 2022 · 18m

Tuesday 21st June 2022RBA Governor Philip Lowe is talking at an American Chamber of Commerce event this morning in Sydney. Phil asks NAB’s Ray Attrill whether he could signal that interest rates could push higher than 2.5 percent, even though he said that was a possible level to reach on the 7.30 Report only last week. Certainly central banks seem to be drifting to more aggressive hikes, with one voting member at the Bank of England concerned that if they fail to follow the path of the Fed that could devalue the pound and add to the inflation woes. Today, with the US having spent Monday on…