Westpac’s Evans says no rate cut in sight

Original article by Mark Mulligan
The Australian Financial Review – Page: 27 : 30-Oct-15

HSBC’s Paul Bloxham expects a reduction in Australia’s cash rate in either November or December 2015, in the wake of lower-than-expected inflation data in the September quarter. Westpac’s chief economist Bill Evans in turn still believes that the cash rate will remain unchanged in November, noting that the Reserve Bank has ignored one-off falls in the inflation rate in the past. Andrew Ticehurst of Nomura expects the cash rate to remain on hold until February.

CORPORATES
HSBC AUSTRALIA HOLDINGS PTY LTD, WESTPAC BANKING CORPORATION – ASX WBC, RESERVE BANK OF AUSTRALIA, NOMURA AUSTRALIA LIMITED

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