The RBA is expected to raise rates by 25 basis points in August

May 31, Nomura Securities said that the Australian dollar interest rate curve will flatten as the market continues to underestimate the risk of the RBA raising interest rates. Andrew Ticehurst, rates strategist at Nomura in Sydney, said: “We expect the RBA to raise rates by 25 basis points for the last time in August, but have been signaling that risks are tilted in a hawkish direction, either earlier than expected or more than current levels. 25 basis points at a time.” Ticehurst said today’s CPI data supported that view.