25bp RBA rate cut today is baked in, but here's what to watch for in the Statement ...Middle East

News by : (forex live) -

I'm on the 25bp, 50 seems a little extreme for a usually very timid RBA. Earlier:

75bp of Reserve Bank of Australia rate cuts to come (Reuters poll)

In its note, TD Securities expects the Reserve Bank of Australia (RBA) to deliver a widely anticipated 25 basis point rate cut at today’s policy meeting, bringing the cash rate to 3.85%. The forecast aligns with market consensus and fully priced expectations in OIS markets.

While attention will centre on the rate decision, TD says the RBA’s commentary on global tariff risks will be key. “We see risks of minor downgrades to GDP forecasts,” analysts wrote, “but doubt that CPI projections will shift materially.”

-

Reserve Bank of Australia Governor Bullock's news conference will follow an hour after the Statement.

This article was written by Eamonn Sheridan at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( 25bp RBA rate cut today is baked in, but here's what to watch for in the Statement )

Also on site :

Most Viewed News
جديد الاخبار