Australian inflation data – what could drive a December Reserve Bank of Australia rate cut
globalreutersOctober 30, 20241 Mins read An out of consensus idea from Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP in Australia.
Oliver says there is still a prospect of a December 2024 rate cut from the RBA:
Oliver’s ‘base case’ is for a February 2025 rate cut from the Reserve Bank of Australia, not December. But it never hurts to take a close look at the data and plot out a scenario or two.
This article was written by Eamonn Sheridan at www.forexlive.com.
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