Westpac have cancelled their October RBA rate cut forecast

Author: Eamonn Sheridan | Category: Central Banks

Now forecasting November instead, at the Nov 3 meeting.

  • to cut the overnight cash rate to 0.1%; the three year target bond rate to 0.1%; the rate on the Term Funding Facility to 0.1%; and the rate the RBA pays on Exchange Settlement balances to 0.01%.

Westpac's call last week:
NAB is October or November
CBA and ANZ are both not in October either.

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