This week's developments have lifted the probability of a rate hike in November, and the firmer Australian dollar should not get in the way.

This week's developments have, in our view, firmed up the probability of a rate hike by the Reserve Bank on November 2. Of course the board minutes from the October meeting which delivered the surprise "on hold" result will be closely scrutinised, particularly because there was so little detail in the governor's associated statement on the day of the October board meeting.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles