Last week I posted on some shifting forecasts for the RBA:
ANZ expects a 25bp interest rate cut at the Reserve Bank of Australia February meeting
due to weaker inflation figures in Q4Citi are unmoved:
expect the first RBA rate cut at the May meetingexpect 75bp of cuts this yearRBA on hold for longer relative to other central banks should mean outperfomance for the AUDtarget AUD/NZD to 1.13/1.14 This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about citi expect the reserve bank of australia on hold in february first hike in may was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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