Original article by Cecile Lefort
The Australian Financial Review – Page: 29 : 23-Apr-24
The consensus of economists polled by the Australian Financial Review is that the Reserve Bank will reduce the cash rate in November. However, financial market pricing suggests that the central bank will leave official interest rates unchanged for the rest of the year. Meanwhile, Ben Picton from Rabobank says another interest rate increase remains a possibility if inflation begins to accelerate. CPI data for the March quarter will be released on Wednesday.
CORPORATES
RESERVE BANK OF AUSTRALIA, RABOBANK AUSTRALIA LIMITED