Economic calendar in Asia Tuesday, 7 May 2024, Reserve Bank of Australia decision day

Previews of the RBA today are here (TL;DR is on hold expected, combined with more hawkish leaning due to sticky high inflation, and not that there is one analysts looking for a hike, all others are not):

• RBA meeting – preview – Cash rate to remain unchanged
• Central banks are still on the agenda this week
• Australia- inflation a bit higher than expected, RBA on hold

On that outlier call for a rate hike:

• Capital Economics are forecasting a Reserve Bank of Australia rate hike
• RBA meet this week – “History suggests a rate increase is plausible”

More:

• Australia’s inflation nightmare – Australia’s inflation rate is the highest globally
• 4 reasons why the RBA may be the last major central bank to cut rates

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

This article was written by Eamonn Sheridan at www.forexlive.com.