Standard Chartered Predicts RBA Will Raise Cash Rate to 4.60% on 29 September

Nicholas Chia of Standard Chartered expects the RBA to raise its cash rate to 4.60% at the 29 September meeting, signaling continued tightening.

Standard Chartered’s Nicholas Chia anticipates that the Reserve Bank of Australia (RBA) will increase the cash rate to 4.60% at its upcoming meeting on 29 September, according to FX Street.

This expected rate hike reflects ongoing tightening measures by the RBA as it seeks to manage inflation and economic growth amid global uncertainties.

For Japanese investors and traders, movements in the Australian Dollar and RBA policy remain important indicators for risk sentiment and regional currency flows.

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By Sama Kane

Tokyo Overnight

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