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May 06 - 10:55 PM

AUD/USD - What To Watch For In The RBA Rate Decision

By Krishna K  —  May 06 - 08:35 PM
  • RBA rate decision, Statement on Monetary Policy at 0430 GMT/2.30 PM AEST

  • RBA holds media conference on monetary policy decision at 0530 GMT

  • Expected to hold rates at 4.35% for 4th straight meeting, sound more hawkish

  • Will revise up its near-term inflation forecasts as CPI remains sticky

  • Some expect RBA to revert to tightening bias after turning neutral in Mar

  • Flip in one month unlikely; Governor Michele Bullock's presser key

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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