TREE NEWS reports: Goldman Sachs now expects the Reserve Bank of Australia to raise its policy rate by 25 basis points to 4.85% in November, a shift from its previous forecast of no change. The revised call points to a tightening move at the RBA’s November meeting.
Goldman Sachs now expects RBA to hike 25bp to 4.85% in November
A single sell-side house flipping its RBA call is less a signal about the central bank than about how fragile consensus around the rate path has become. The revision matters most for Australian rate-sensitive exposure, where positioning built on a steady-cash-rate assumption would be caught offside. The open question is whether other forecasters converge on Goldman's view ahead of the November meeting, or treat it as an outlier — that breadth, not the call itself, is what would give the shift market weight.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.