FOMC confident, RBA to cut with RBNZ stuck in neutral - 'AFTER 18 months of keeping its official interest rate unchanged, the Reserve Bank will almost...
David Scutt
Scutt Partners
FOMC confident, RBA to cut with RBNZ stuck in neutral - 'AFTER 18 months of keeping its official interest rate unchanged, the Reserve Bank will almost certainly cut the rate at its first meeting back for the year next Tuesday'. That's the view of noted RBA-watcher Terry McCrann who, in an opinion piece released overnight, stated that downgrades to GDP and CPI forecasts in the upcoming statement on monetary policy will lead the RBA to reduce the cash rate by 25bps to 2.25% in February. (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest rate movements and has been an active trader on behalf of his employers.Over the past 5 years David has become a respected financial analyst and has built a strong following on social media with his insights into the domestic and international markets for currencies and interest rates.Web: www.scuttpartners.com.au LinkedIn: https://www.linkedin.com/pub/david-scutt/9/34a/841
David Scutt
Independent Market Strategist
Scutt Partners
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
David Scutt
Independent Market Strategist
Scutt Partners
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment