More on National Australia Bank changing their RBA rate move call
News of NAB changing their call on the Reserve Bank of Australia is in this post;
Adding a little more:
- have cancelled their call for a rate rise in late 2020
- now forecast "on hold over the forecast horizon"
- central case is for cash rate to stay on hold, but "on the balance of risks" NAB reckon the next move from the RBA could be a cut, potential as early as the second half of this year