Slow down and split in two
Friday 29th November 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe message from the RBA continues to be that there is no rush to drop rates. NAB’s Tapas Strickland highlights a chart presented by Michelle Bullock last night, which showed Australia’s interest rate compared to other leading economies, relative to the expected nominal neutral rate. And the decision on how much and when will be made by a new group next year, as the board of the RBA splits in two, with one responsible purely for monetary policy decisions. Inflation in Germany…
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