The Reserve Bank of Australia’s (RBA) is expected to keep its interest rates on hold again this month, cementing its position as one of the more hawkish central banks around.
Our Event Guide for RBA’s Decision shares that, while leading indicators are coming in mixed, recent statements by key RBA officials point to the central bank sitting on its hands again in December.
But with the decision widely anticipated, and with RBA members like Gov. Bullock, Deputy Gov. Hauser, and Assistant Gov. Hunter making speeches throughout the week, there’s room for shifts in the RBA’s relatively hawkish biases which could lead to AUD selling.
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