Interest Rate Decision. Australia, 06:30 (GMT+2)
smartmoney.oneAt 06:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. It is expected that the rate will be increased from 1.85% to 2.35% to combat record inflation, reaching 7.7%.Investors are confident that the "hawkish" policy will continue, and by the middle of next year, the rate will rise to 4.0%.The accompanying statement may contain an assessment of the country's financial authorities regarding the current state of the economy against the backdrop of global geopolitical tensions and a rapidly developing energy crisis..