B · Normal
[Goldman Sachs has brought forward the forecast for the Reserve Bank of Australia to raise interest rates from November to September] On September 8, Goldman Sachs economists said that after the Reserve Bank of Australia Deputy Governor Andrew Hauser and Chief Economist Sarah Hunter delivered speeches that were considered "slightly hawkish", they had brought forward the forecast for the Reserve Bank of Australia to raise interest rates from November to September. Before Tuesday's speech, Goldman Sachs believed that the probability of raising interest rates in September was 45%, but at that time the bank still preferred the central bank's actions in November. Goldman Sachs said that the latest round of hawkish statements, coupled with the bank's commodity team raising its oil price forecast, made September the most likely time to raise interest rates. Goldman Sachs said: "We expect the RBA board to take pre-emptive tightening measures to avoid falling behind the curve. There are also material risks of further interest rate hikes in November."
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