“The Reserve Bank of Australia will keep its key interest rate unchanged at 4.10% on Tuesday as inflation shows signs of easing,” per the August 30 – September 1 poll of 35 economist by Reuters.
The survey finding also mentioned that the respondents largely expect a final hike next quarter.
Of the 21 economists who are expecting at least one more rate hike, two are expecting a move on Tuesday, while the rest are expecting it to come next quarter, likely after the next detailed quarterly inflation data is released in November reported Reuters.
The poll also cites expectations of witnessing a rate hike in November as Michele Bullock becomes the RBA Governor after the mid-September but also states the rates to remain unchanged at 4.35% through end-March 2024 afterward.
Also read: AUD/USD ignores Aussie government’s push for more wages near 0.6450, focus on RBA, Australia GDP
Source: https://www.fxstreet.com/news/rba-to-hold-rates-at-410-on-tuesday-but-will-hike-again-next-quarter-reuters-poll-202309040016