Economists at Goldman Sachs, including Andrew Boak, noted that comments made on Wednesday by Reserve Bank of Australia Deputy Governor Andrew Hauser were "clearly hawkish."
Goldman Sachs now expects the RBA to raise its policy rate by 25 basis points to 4.85% at its November meeting, rather than holding rates steady.
Note: RBA Deputy Governor Hauser said the inflation outlook has "deteriorated markedly" compared with the August forecast.
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Goldman Sachs Now Predicts RBA Rate Hike in November
Deep News10-21 10:30
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