RBA Seen as the Only Other Major Central Bank at Risk of Hiking

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Australia’s central bank may have no choice but to resume raising interest rates this year if inflation fails to slow, according to money markets, setting it up as a potential outlier to a post-pandemic global tightening cycle that has all-but ended.

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RBA Resumes Rate-Hike Discussion on Renewed Inflation ConcernsAustralia’s central bank resumed a discussion of interest-rate hikes at its May policy meeting before deciding that the case to stand pat was stronger as it aims to avoid “excessive fine tuning.”
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RBA Resumes Rate-Hike Talk on Renewed Inflation Concerns(Bloomberg) -- Australia’s central bank resumed a discussion of interest-rate hikes at its May policy meeting before deciding that the case to stand pat was ...
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Goldman Says Market Pricing for RBA Rate Cuts Is ‘Too Shallow’Goldman Sachs Group Inc. reckons money market pricing for Australian interest-rate cuts over the next 12 months is “too shallow,” forecasting instead that cooling inflation and rising unemployment will force the Reserve Bank to act earlier.
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