Goldman Sachs looking for RBA rate cut in May and July

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 18, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Goldman Sachs with their outlook for the Reserve Bank of Australia (Note, this was before today's employment report) "We believe that the RBA will reduce interest rates to 1.5% with the domestic banks likely to retain 10-15bps of of the reduction in order to protect their deposit base"

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