CBA's RBA forecast is for a November 2022 rate hike

CBA (one of Australia's 'Big 4' banks) on the Reserve Bank of Australia

Forecasting a rate hike in November of 2022, to 0.25%

• brought forward from May 2023
• following hikes likely in December then 3 more spread between 2023 & 2024

CBA citing

• rapid progress on vaccinations that will drive improved health outcomes and in turn improved economic outcomes
• yesteday's CPI data as an inflexion point

Earlier RBA posts today:

• ANZ forecasts the RBA to hike in H2 of 2023
• AUD - Westpac say again they expect the RBA to hike the cash rate in February 2023
• RBA Dep Gov Debelle says aim of monetary policy is to generate higher inflation