Via Bloomberg: ANZ Bank forecasts RBA to cut cash rate by 0.5% in H1 of 2015 (in 2 cuts of 25 basis points each)
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This is a change in view from the ANZ … previously they were looking for a 25bps rise in November 2015
The latest expectations from the ‘big four’ Aussie banks are now … in summary:
NAB
- 25bps cut each in March and August 2015
ANZ
- RBA to cut cash rate by 0.5% in H1 of 2015 (two cuts of 25bps)
Westpac
- 25bps cut each in February and March 2015
CBA
- 25bps rise in Q1 2016