Australian interest ratesAustralian recession

When is the next rate cut?

David Llewellyn-Smith
Tuesday, 2 June 2015
Advertisement

From Forexlive:

Here’s a quickie from some of the banks on what they expect. They are all ‘on hold’ for today …

  • Citigroup are looking for a 25bps cut before year-end
  • Macquarie – 25bps cut in November
  • Nomura are also in the 25bps cut in November camp
  • RBC Capital say there is a cut coming 25bps cut in late 2015 and then another in mid-2016
  • Goldman Sachs calling for a 25bps cut in August

Info summarized via MNI (with thanks)

I will say August and then November (or December).

Twitter Share
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.