The Commonwealth Bank jumped on signals from the central bank on Tuesday that more interest rate cuts are imminent, forecasting rates will hit a record low of 0.75 per cent before Christmas. RBA governor Philip Lowe: the bank says employment is unlikely to grow faster than population growth.
Further rate cut possible, but not yet. the possibility of reducing rates further nor signal an imminent intention to reduce them," the RBA said in the minutes of its September 3 board meeting.
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National australia bank yesterday became the latest bank to put the prospect of a May interest rate cut on the table. “Together, the accumulation of growth and inflation data seem to put at risk the.
Crucially, the RBA’s weaker economic outlook is based on the money market assumption that rates will be cut this year. Thus, the RBA is saying that – even with two 25-point rate cuts – it.
"Members agreed that the Bank should again neither close off the possibility of reducing rates further nor signal an imminent intention to reduce them," it said.. rba cuts cash rate to 1% in.
–>RBA Minutes suggest rate cuts are not imminent; Euro ignores the "relative optimism" of the ZEW survey to focus on ECB headlines RBA keeps calm and carries on – Citi analysts remain highly skeptical of the "heated" debate among RBA watchers about whether changes to the final paragraph of the RBA statement signaled earlier in March represents a more dovish policy guidance.
No rate cut imminent, RBA says. By James. "Members agreed the bank should again neither close off the possibility of reducing rates further nor signal an imminent intention to reduce them," the.
“This is as clear a signal as the RBA ever delivers. We think the RBA will cut. a further boost to borrowers, Australia’s prudential regulator on tuesday proposed lowering stress-test limits for.
A move to 1% is more than fully priced by August, and yet a further easing to 0.75% by Christmas. "Lowe’s comments signal that another cash rate cut is imminent," said Kristina Clifton, a.