RBA expected to hike cash rate to 4.6 per cent
CommSec’s Gillian Bowen says markets are pricing in a 90 per cent chance of a 0.25 percentage point rate hike.
“This would take the official cash rate to 4.6 per cent,” Ms Bowen said.
“We know that sticky inflation is part of the case for lifting rates.”
Presented by CommSec.
