CBA (one of Australia's 'Big 4' banks) on the Reserve Bank of Australia

Forecasting a rate hike in November of 2022, to 0.25%

  • brought forward from May 2023
  • following hikes likely in December then 3 more spread between 2023 & 2024

CBA citing

  • rapid progress on vaccinations that will drive improved health outcomes and in turn improved economic outcomes
  • yesteday's CPI data as an inflexion point

Earlier RBA posts today: