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18 Feb 2013
Forex Flash: Next RBA move likely coming in May - NAB
According to the NAB economists, "we continue to expect that weakness in the economy will see
the RBA ease further this year, the next likely move coming in May." The market puts the odds of a March rate cut at around 30% today, with that chance, in view of the bank, "subject to the pending key Q4 partials due from the end of this month."
the RBA ease further this year, the next likely move coming in May." The market puts the odds of a March rate cut at around 30% today, with that chance, in view of the bank, "subject to the pending key Q4 partials due from the end of this month."