‘The RBA expects to increase interest rates further over the months ahead but it is not on a pre set path… will be guided by incoming data.. and outlook for inflation and labour market’ - RBA last para after hiking rates for 5th consecutive mth to 2.35% #ausbiz

Lowe will likely spell out the path toward smaller, more cautious hikes in his speech. I guess you can’t hike by 50 and then talk about the need for caution in the statement. #ausecon #ausbiz

Inflation Rates... Australia: 6.1% Norway: 6.8% Canada: 7.6% Sweden: 8.5% Denmark: 8.7% US: 8.5% Eurozone: 9.1% UK: 10.1% Central Bank Rates... Australia: 2.35% Norway: 1.75% Canada: 2.50% Sweden: 0.75% Denmark: -0.10% US: 2.375% Eurozone: 0.00% UK: 1.75% Still behind the curve

Kicks off just after 1pm #ausbiz

RBA’s Lowe on future of interest rates: the case for a slower pace of increase in interest rates becomes stronger as the level of cash rate rises… but (this) will be guided by incoming data.. outlook for inflation & (jobs) #ausbiz

Great to have you on @EvanLucas_INV

The United States Federal Reserve is “expected to hike rates” anywhere between either 75 and 100 basis points following a policy meeting this week, Sky News Business Reporter Ingrid Willinge says. skynews.com.au/business/finan…

Thanks Kenny! Tune in at 4:30pm eastern time on Business Now to hear him discuss why the US is already in recession and what’s next. Sky News Australia

Sky News Business Reporter Ingrid Willinge says it is “incrementally harder to add jobs” when the unemployment rate is “around 3.5 per cent”. skynews.com.au/business/finan…

Commonwealth Bank’s Head of Australian Economics Gareth Aird says the bank forecasts annual inflation to hit seven per cent. skynews.com.au/business/finan…

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After a hiatus over most of Dec/Jan, followed by a v different & hawkish tone in the Feb meeting, it’s inconceivable there has been no public address. Yet time for this.

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Take 2 on RBA governor Philip Lowe's briefing at investment bank Barrenjoey, which moved the bond market Thu/Fri. A second lunch briefing scheduled for this week has now been cancelled: joeas.tn/40QwJeY #interestrates

Ouch! Australian consumer sentiment index 83.5 pre-RBA, 74.8 post-RBA. Confidence of those with a mortgage -14.4% vs January westpaciq.com.au/economics/2023…

U/E above RBA f’casts for mid year (closer to Dec f’cast) is a good reason why #RBA shld be careful with guidance around hikes. There is a lot of unpredictability in the economy right now and it really needs to be malleable mth to mth.

JUST IN: Goldman Sachs no longer sees the Fed hiking rates next week

lol UBS calls it “acquisition”, CS calls it “merger”

Phil Lowe is out and Michelle Bullock is in as RBA governor from the 18th Sept. #ausbiz

Judo Bank Chief Economic Advisor Warren Hogan says Michele Bullock being appointed as the new RBA Governor is a “very good decision” for both the Reserve Bank of Australia and the Australian community. skynews.com.au/business/finan…