An RBA rate cut is the dark horse on Melbourne Cup Day

David Bassanese

The Reserve Bank of Australia has recently indicated that this Wednesday’s September quarter consumer price index report will be a critical factor when its Board sits to decide on interest rates next Tuesday (Melbourne Cup day). What’s more, there is a reasonable chance that inflation will (again) surprise on the downside. Despite this risk, the market is placing only relatively small odds on a rate cut next week. Read more>> (VIEW LINK)


David Bassanese

Author, columnist and economist with over 25 years' experience in financial services. I develop economic insights and portfolio construction strategies for BetaShares' retail and adviser clients.

Expertise

No areas of expertise

Comments

Please sign in to comment on this wire.