Three of four of the big Australian banks say no rate cut from the RBA today

Author: Eamonn Sheridan | Category: Central Banks

The April 2019 Reserve Bank of Australia monetary policy decision is due at 0430GMT.

  • ANZ are tipping a 25 bp rate cut
  • Westpac, CBA and NAB are all in the 'on hold' camp.
NAB expects an easing bias to be confirmed, and they add that while not expecting a cut today they do see an 'appreciable risk' due to weak inflation.

Stacks of previews:
and, for the data due today:

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