Westpac sees potential reassessment of their 'RBA on hold through 2016' view

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 16, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    A client note from Westpac Chief Economist Bill Evans today: In (very) brief: - Markets are on alert for an unexpected near term rate cut from the RBA in response to Westpac's decision to raise the variable mortgage rate by 20 basis points Evans then looks at episodes of how the RBA responded to changes in Australian commercial bank lending rates and concludes:

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