The RBA is widely, but not unanimously, expected to raise its cash rate by 25bp today:
- CBA tips RBA rate hike tomorrow but warns Iran war makes it a close call. Split RBA board
- May meeting, RBA set for third straight hike as Hormuz closure drives inflation surge
- Newsquawk Week Ahead: US NFP, ISM Services PMI, RBA, Canadian jobs and OPEC+
Governor Bullock will speak. If the Bank does not hike she will be hawkish. If the Bank does hike she will be hawkish. Got that?