AUD traders note - NAB forecasts RBA to cut cash rate to 0.75% in November

Author: Eamonn Sheridan | Category: Central Banks

Plenty of cut forecasts still coming through.

NAB now on the 3 cuts in 2019 call.

The bank adds they 
  • would not rule out the possibility of alternative monetary action in early 2020, 
That would be 
  • in addition to further rate cuts
What would cause this?
  • if the economy remains very subdued
NAb note they have not yet 
  • put it into our projections
I posted yesterday on CBA canvassing RBA QE:
The news flow is not getting any better for AUD today is it?

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