Citi anticipate the Reserve Financial institution of Australia on maintain in February, first hike in Could
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Final week I posted on some shifting forecasts for the RBA:
ANZ expects a 25bp interest rate cut at the Reserve Bank of Australia February meeting
- on account of weaker inflation figures in This fall
Citi are unmoved:
- anticipate the primary RBA fee lower on the Could assembly
- anticipate 75bp of cuts this 12 months
- RBA on maintain for longer relative to different central banks ought to imply outperfomance for the AUD
- goal AUD/NZD to 1.13/1.14
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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