NAB changes their RBA next rate cut forecast to February from December

NAB projection for the Reserve Bank of Australia

• "We have pushed out our expected timing of the next cash rate cut by the RBA to February 2020, where we expect a further reduction of 25 basis points to a new low of 0.5 per cent"
• "The government does not seem to be inclined to provide material fiscal stimulus in the near term, which increases the need for the RBA to ease further - including a further rate cut and unconventional policy - should our forecast of a deteriorating labour market materialise."