Earlier on the Reserve Bank of Australia:
ANZ have bumped their end-rate higher:
- We no longer see 4.1% as sufficient to bring inflation back to the target in a reasonable time.
- We see August most likely for a move.
The next Reserve Bank of Australia meeting is on June 6.
- statement is due at 2.30 pm Sydney time, which is 0430 GMT and 12.30am US Eastern time
The current cash rate