Reuters poll shows 32 out of 33 economists forecast the RBA to keep the Cash Rate at 4.35% next week and one economist forecasts a 25bps hike, while the median forecast is for the RBA to keep rates unchanged until 2025
Analysis details (01:08)
- Money markets are pricing around 93% chance for no change in rates at next week's meeting and about a 7% chance of a 25bps cut.
02 Aug 2024 - 01:05- Fixed Income- Source: Newswires
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts