Page 29 - Nterestrate News Today

European Central Bank (ECB) executive board member Isabel Schnabel said on Tuesday, “further rate hikes are ‘rather unlikely’ after latest inflation data.” Additional quotes Inflation developments are encouraging, fall in core prices remarkable.

Economist at UOB Group Lee Sue Ann comments on the upcoming RBA monetary policy meeting (December 5).

The Reserve Bank of Australia (RBA) is set to pause its tightening cycle once again, leaving the Official Cash Rate (OCR) unchanged at a 12-year high of 4.35% following the conclusion of its December monetary policy meeting on Tuesday.

The AUD/USD has steadily fallen on Monday, backsliding a full percent plus extra and paring back last week’s late rally, sending the Aussie (AUD) back towards the 0.6600 handle against the US Dollar (USD).

The US Dollar bounced into month end, but the NZD has held up.

Reserve Bank of New Zealand (RBNZ) Deputy Governor Christian Hawkesby said on Friday, “high and sticky core inflation leaves little room for error.” Additional comments Need to take seriously that some inflation expectation measures have ticked up.

The Euro came under considerable pressure after Thursday's November inflation data.

EUR/USD declined below the 1.09 mark. Economists at Société Générale analyze the pair’s outlook.

Economist at UOB Group Lee Sue Ann reviews the latest interest rate decision by the RBNZ.

Economists at UOB Group Enrico Tanuwidjaja and Sathit Talaengsatya comment on the latest BoT monetary policy meeting.