The forecast is from National Australia Bank.
- see a 25bp rate hike from the Reserve Bank of Australia at the next meeting on February 7 2023
- then another 25bp hike at the March 7 2023 meeting
This'll take the cash rate target to 3.6%. NAB then see the RBA pausing. NAB expects global growth to falter and the inflation rate to fall.
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The RBA hiking cycle so far:
