https://www.theguardian.com/australi...-decision-rise
"With hopes for a rate cut gone, there is speculation of another rise before the end of 2024. What factors will sway the Reserve Bank’s decision?
Hopes for a near-term rate cut evaporated after the March CPI figures landed. According to Bloomberg, bets have switched to favouring a rate rise by the end of 2024.
Judo Bank’s chief economic adviser, Warren Hogan, says the RBA may need three rate rises – to 5.1% – to ensure that the inflation threat is extinguished."