RBA QE probability now 40% – Nomura

News

Analysts at Nomura expect the Reserve Bank of Australia (RBA) to cut rates by 25 basis points in November 2019 and February 2020 and put the probability of the central bank starting a quantitative easing program at 40%.

The RBA said earlier this month that zero interest rates and quantitative easing are unlikely to be needed in Australia.

“It’s possible we end up at the zero lower bound. I think it’s unlikely, but it is possible. We are prepared to do unconventional things if circumstances warranted. I hope we can avoid that,” RBA’s Governor Lowe said on Aug. 8.

Products You May Like

Articles You May Like

LIVE FOREX TRADING 2-17-20
Most Profitable GOLD SCALPING Strategy (5min) Timeframe
BEST BROKERS FOR SCALPING!? Part 4 🔨
Forex com Review 2019 – Pros and Cons Uncovered
Ultima EA Webinar with Live Q&A (Automated Forex Trading System)

Leave a Reply

Your email address will not be published. Required fields are marked *