Nomura changes its call for the next RBA rate cut

Komura have revised their call for the next RBA rate cut. They were looking for a February cut, and have shifted it to May

Bloomberg with the news

-

That's an interesting change from Nomura.

The first RBA meeting of the year is in February (Feb. 2)

Last year the RBA cut at its first meeting and then again for a second (and final) time for the year in May. Nomura obviously liking those timings somewhat.

more to come