Easing in Australia

The Reserve Bank of Australia (RBA) may be on the verge of cuting its deposit rate from one historic low of 1.5% to another one of 1.25%.

Aus cash rate

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July last year, the Reserve Bank slipped an important phrase into its board meeting minutes, informing all and sundry “the next move in the cash rate would more likely be an increase than a decrease

Is this the latest sharp turn around in central bank policy.

Written on February 2, 2019