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Westpac: look for RBA to cut cash rate by 25bp in Oct
Westpac now look for the RBA to cut its cash rate by 25bp to 0.75% in Oct, followed by another 25bp cut to 0.5% in Feb.
— Anthony Barton (@ABartonMacro) July 24, 2019
- Westpac previously looked for 1 further cut, in November, but highlighted that risks to their call for a 0.75% bottom to the cash rate were to the downside.