Citi reiterate forecast for a 25bp RBA rate hike at the Bank's August meeting.


Earlier:

  • Australia lifts minimum wage by 4.75%.

Analysts at Citi said Australia’s minimum wage increase, layered on top of existing cost pressures, reinforced their call for a fourth RBA rate hike in August to 4.60%. The bank flagged upside inflation risks persisting into the second half, with the wage decision adding to business cost burdens already elevated by the Middle East conflict.

This article was written by Eamonn Sheridan at investinglive.com.

Latest News

Brokers

Massive number of currency pairs. Low withdrawal fee. High-quality charting.

T&Cs Apply

New accounts only. 

PU Prime is an approved broker member of the Hong Kong-based Financial Commission, which provides every PU Prime trader with a €20,000 compensation fund. The Financial Commission is an unbiased third-party mediation platform, adjudicating any disputes arising between approved broker members and their clients.

XAUUSD Telegram → MT5 Copier Bot
5.0/5
MT5
XAUUSD Telegram → MT5 Copier Bot

Price: USD 49.99

Dark Moon
5.0/5

FREE!

Scalper Deriv
5.0/5
MT5
Scalper Deriv

Price: 350 USD

Eurostable AE
5.0/5
MT4
Eurostable AE
Price: 229 USD

Forex News, Tehnical Analyze...
© 2026 Forex Bot Works. All rights reserved. • Made with ❤