The Westpac Leading Index was published earlier:Australia leading index in September shows still very slow growth aheadIn their report WPAC conclude with what they expect from the RBA at the final two meetings this year:The Reserve Bank Board next meets on November 4–5. We continue to expect no change in the cash rate target rate at this meeting or at the Board’s last meeting for the year, in December. However, we do expect to see a shift in the Board’s messaging with a move away from the ‘inflation vigilance’ that has dominated its communication in 2024. The exact timing and nature of this will depend on the dataflow – the September quarter CPI update due on October 30, and the September qu
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