NAB expects further RBA easing as soon as the first week of October

Author: Eamonn Sheridan | Category: Central Banks

National Australia Bank says it sees significant risk of the RBA easing policy further by cutting the cash rate, 3-year yield target and TFF rate by 15bps to 0.10% (from 0.25%). 

  • We also expect the RBA to announce outright QE purchases in the 5-10 year area of the curve, so as to lower longer-dated rates to provide stimulus via the portfolio rebalance effect/a lower $A. 
NAB expects these further easing measures to be announced at either the October or November Board meetings.

Note, the October meeting is on the 6th. Less than 2 weeks away.

National Australia Bank says it sees significant risk of the RBA easing policy further by cutting the cash rate, 3-year yield target and TFF rate by 15bps to 0.10% (from 0.25%). 



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