The RBA cut its cash rate by 25 bps to 3.85%, citing moderating inflation and heightened global uncertainty as key reasons for the move. Updated forecasts show weaker growth and inflation, but a ...
Markets are pricing in a 68% probability for a 25-basis-point (bps) rate hike, lifting the cash rate to 4.1%. The board needs to move policy past the current "neutral" rate (where interest rate ≈ ...