RBA gives it all, but is any of it new?
The RBA is unlikely to change interest rates, but NAB’s Taylor Nugent says the interest will be in changes to the RBA’s forecasts in the last Statement of Monetary Policy, out at the same time.
NAB Morning Call · NAB - The Morning Call
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Show Notes
Tuesday 7th May 2024
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The RBA meets today and is expected to keep rates on hold. They also release their revised inflation forecasts in the latest Statement of Monetary Policy. NAB’s Taylor Nugent says there will be some market sensitivity around these numbers, as well as the press conference, although there’s a firm expectation that rates won’t budge today. There is one central bank that might cut rates this week though. Listen in for more on that, plus the hopes of a peace deal in the Middle East and a sprinkling of second tier Euro data.
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