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3 Mar 2015
RBA to cut rates by 0.25% to all-time low of 2% - JPMorgan
FXStreet (Bali) - According to JP Morgan, the RBA is expected to cut rates by 25bps to an all-time low of 2% today.
Key Quotes
"We look for a 25bps policy rate cut to an all-time low of 2% premised on front-load the additional policy stimulus given the disappointing capex print from last week, although this remains a close call given financial stability concerns."
Key Quotes
"We look for a 25bps policy rate cut to an all-time low of 2% premised on front-load the additional policy stimulus given the disappointing capex print from last week, although this remains a close call given financial stability concerns."