RBA will announce its Interest Rate Decision on Tuesday. Markets see an 80% chance of the cash rate going to 0.75%, while 19 of 25 economists surveyed expect a cut.
In a set-piece speech last week, Lowe acknowledged further cuts could well be required.
But he also repeated three times that the economy is at a “gentle turning point” and likely to strengthen from h
Dovish RBA Scenario as described.
In a set-piece speech last week, Lowe acknowledged further cuts could well be required.
But he also repeated three times that the economy is at a “gentle turning point” and likely to strengthen from h
Dovish RBA Scenario as described.
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