Coming on Tuesday, February 21, 2023, local time in Australia, the minutes of the February meeting of the Reserve Bank of Australia.
THE The February 2023 monetary policy decision was a rate hike of +25 basis points. And Lowe’s statement accompanying the decision became more hawkish, bolstering expectations of further hikes to come.
Since the decision we have had numerous public remarks from Lowe, links can be found in these posts
ForexLive Asia-Pacific FX News Wrap: USD Carry Higher
ForexLive Asia-Pacific FX News Wrap: USD Rising, Regional Stocks Falling
While the minutes will be ogled for more details, we know what the RBA is thinking (more upsides to come).
The Reserve Bank of Australia’s rate hike cycle so far.
This article was written by Eamonn Sheridan at www.forexlive.com.
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