• Nomura revised its RBA rate cut forecast

Notícias do Mercado

4 março 2019

Nomura revised its RBA rate cut forecast

  • Nomura now sees the RBA cutting its cash rate by 50 bps this year

  • The firm previously saw the RBA staying on hold throughout 2019

  • firm is revising its call on the RBA interest rate decisions citing further signs of weaker growth and increasing downside risks.

  • RBA will probably lower the cash rate by 25 bps each in July and August

  • unlikely for the central bank to hold off on easing for too long as it can take a while for the impact of a rate cut to filter through to the economy.

United Kingdom: PMI Construction, February 49.5 (forecast 50.3)
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