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Westpac sees RBA keeping rates on hold in November

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 23, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Westpac's chief economist Bill Evans out with a client note - RBA unlikely to cut cash rate at 3 Nov meeting despite mortgage rate increases - cut at 1 Dec meeting "is possible if confidence is hit hard" by mortgage rate rises Westpac in agreement with Eamonn that the RBA is not necessarily going to cut rates to offset the mortgage rate rises

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