What To Expect From RBA? - Views From 16 Major Banks
From efxnews.com
The following are the expectations for today's RBA March policy meeting as provided by the economists and FX strategists at 16 major banks. Goldman: We expect a 25bp cut (Cash Rate Target to 2.00%, in line with consensus). Deutsche Bank: It is difficult to recommend a trade into the meeting given that our assessment of the prospect of a rate cut is similar to the market’s (on balance we narrowly favour a cut at this meeting). As far as the statement is concerned, should the Bank ease we expect the statement to be drafted in such a way as to prevent the market from concluding that the cash rate is heading ...
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