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.
Recent Posts
Categories
Related Articles
The US treasury auctions off $25B of 30 year bonds at a high yield of 4.608%
High Yield 4.608%WI level at the time of the auction: 4.63%Tail: -2.2...
US treasury to auction $25B of 30 year bonds testing the buyers appetite
The US treasury will auction off $25B of the "grand-daddy of them...
EURUSD moves down toward triple bottom in June and bounces. Sellers still in control.
The EURUSD moved higher before the results of the election started to...
Nomura now sees just one Fed rate cut in 2025 after Trump win
Nomura anticipates that the Fed will respond cautiously to a Trump administration...
Leave a comment