National Australia Bank expect RBA on hold … until May 2025

National Australia Bank, from their latest NAB Business Pulse: August 2024:

  • The cash rate is likely to remain stable at 4.35% out to May 2025, according to a recent NAB Economics outlook.
  • Looking ahead, the NAB Economics team forecasts a drop to 3.6% by December 2025, falling still further in 2026.

The Reserve Bank of Australia meet next on August 5 and 6, there is key data out just prior to that meeting:

Reserve Bank of Australia Governor Bullock

This article was written by Eamonn Sheridan at www.forexlive.com. Source