ChainCatcher news: Australian markets have experienced a turbulent week due to global instability and hawkish comments from the Reserve Bank of Australia, and traders are digesting a lot.
ANZ chief economist Adam Boyton said that although he believes that the Reserve Bank of Australia will not raise interest rates, the central bank's monetary policy committee seems to be more careful and serious about the decision to raise interest rates than market pricing shows. ANZ sticks to its view that the Reserve Bank of Australia will wait until February to determine whether it will join other major central banks in cutting interest rates. (Jinshi)