RBA Leaves Rates on Hold
As expected, the RBA left the cash rate unchanged at 3.00% yesterday, also retaining their monetary easing bias, or in their words, “the inflation outlook, as assessed at present, would afford scope to ease policy further, should that be necessary to support demand”.
NAB still expects more easing this year
As almost uniformly expected by analysts and interest rate market pricing, the RBA left the cash rate unchanged at 3.00% yesterday also retaining their monetary easing bias, or in their words, “the inflation outlook, as assessed at present, would afford scope to ease policy further, should that be necessary to support demand”. …
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Business View Connect is NAB’s online source of economic updates, business trends and case studies specifically for small to medium enterprises. We draw on insights from NAB’s economists and a range of Australian business experts so you’re armed with the tips you need to help your business succeed. Regular topics include cash flow, business planning and wealth management.
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