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Central bank musings

RBA Tracker

Don't expect rate cuts anytime soon

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Antipodean Macro
Feb 06, 2024
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The key message from the RBA is to not expect policy easing anytime soon.

The RBA’s rhetoric today sounded similar to that of many other central banks, albeit slightly less dovish.

The Bank remains clearly in data-watching mode and cautious on the likely speed of further disinflation. For now, the Board has the luxury of still-low unemployment to maintain that caution.

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