RBA April 4 meeting poll - analysts evenly split on +25bp hike vs. pause

Reuters poll on expectations fo the Reserve Bank of Australia meeting on Tuesday April 4

Some commentary from the report on the poll:

• "The softer headline inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term print for the month of February will not be sufficient for the RBA to abandon their tightening bias as labour market indicators, forward indicators and the still comparatively high level of inflation all point to the need for further tightening," wrote Benjamin Picton, senior macro strategist at Rabobank.
• "The RBA's communication since the beginning of the year has been somewhat erratic," said Gareth Aird, head of Australian economics at CBA. "In a short period of time the RBA has both dialled up and subsequently dialled down their rhetoric on just how much more tightening they think they are likely to deliver."

Earlier posts:

• NAB slashed their peak RBA cash rate forecast - here's what others expect
• Commonwealth Bank of Australia expect an RBA pause at the April 4th meeting
• RBA April 4 meeting preview - Westpac says the RBA has a preference to pause, and will

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