-
Westpac now looking for an April cut from the RBA (prev. Feb)
Westpac now looking for an April cut from the RBA (prev. Feb)
— Anthony Barton (@ABartonMacro) January 24, 2020
Added at 7:02pm
-
Westpac expects Reserve Bank of Australia and US Federal Reserve to delay rate cuts
Westpac now expects that the Reserve Bank will delay its next cut in the cash rate to April with the final cut to 0.25% occurring in August. Prior to the release of the surprisingly strong December Employment Report we had expected the cuts to be timed for February and June. Our analysis of the December Board Minutes highlighted that, with the Board committing to review its assessment of the economy in February, it seemed likely that the Board would have been prepared to cut the cash rate by 0.25% at that meeting. However we did note that, “The flow of economic data over the next six weeks will be critical to that ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 23, 2020 7:27pm Jan 23, 2020 7:27pm
- Ghass1234
- | Joined Dec 2018 | Status: Member | 1411 Comments
- Comment #2
- Quote
- Jan 23, 2020 7:39pm Jan 23, 2020 7:39pm
- Guest
- | IP XX.XXX.197.175
- Comment #3
- Quote
- Jan 23, 2020 8:07pm Jan 23, 2020 8:07pm
- Guest
- | IP XXX.XX.152.142
- Comment #4
- Quote
- Jan 24, 2020 5:05am Jan 24, 2020 5:05am
- liberty458
- | Joined Aug 2006 | Status: Member | 527 Comments