NAB pushes out first rate cuts to May 2025 as “lower for longer” strategy plays out
Insight
NAB pushes out first rate cuts to May 2025 as “lower for longer” strategy plays out
Insight
The RBA cash rate remains on hold at 4.35%. NAB Markets discuss the June RBA cash rate decision, what this means for interest rates, and how NAB can support our business banking clients in managing this risk.
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NAB now expects an unchanged cash rate until late 2024
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NAB expects follow up hike in February 2024
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The latest major bank profit reporting/trading updates suggesting households so far by and large are managing the transition to higher interest rates.
RBA on hold for now but one more rise still likely
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Cash rate likely to hit 4.6% as narrow path sinks
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Cash rate likely to pass 4% in the coming months
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The cash rate at a peak, but upside risks remain
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Line-ball April meeting to take rates to 3.85% peak
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Three further hikes to come, cash rate to hit 4.1%
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Series of 25bp rises ahead; peak rate of 3.6%
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50BP rate rise now likely in Oct; 3.10% cash rate by end-22
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NAB now expects rates to reach 2.85% by year-end.
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NAB now expects rates to reach 2.35% by year-end.
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