Bloomberg (gate) had the report.
The fund’s reasoning, in brief:
- recent jobs and growth data signal one or two rate cuts by the Reserve Bank of Australia this year
- while swaps market pricing shows a 76% chance of a May rate cut, the Fund says this “feels a bit high”
The dates for Reserve Bank of Australia meetings in 2025
This article was written by Eamonn Sheridan at www.forexlive.com.
