Nomura count on a hawkish price minimize from the Reserve Financial institution of Australia this week
The Reserve Financial institution of Australia meet on February 17 and 18. The Assertion is predicted at 2.30pm native time on the 18th:
- Reserve Financial institution of Australia Governor Bullock will maintain her press convention an hour later.
Nomura senior economist Andrew Ticehurst expects a minimize of 25bp. Additional out:
- RBA is unlikely to chop rates of interest twice in a row in April
2025. - He stated that the
RBA’s messaging will doubtless be cautious. - He stated that any
additional coverage easing depends upon future inflation developments, which
are nonetheless unknown. - Ticehurst stated that
the RBA will doubtless notice that “welcome progress” is being
made in its battle to return inflation to focus on.
—
Earlier previews:
- Reserve Financial institution of Australia anticipated to chop its money price by 25bp on February 18
- TD Securities on RBA price cuts, inflation stays key driver
- BoA count on simply three RBA curiosity cuts in 2025, terminal price of three.6%
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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