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NAB's interest rate call for November - 25 basis points reduction

Posted by medicalfinancial on 2 November 2012

Key points from the NAB review below:

  • RBA now focussed on the post mining investment boom economy. The continuing high currency means cash rates need to go lower.
  • We will keep our forecast of a November cut of 25bps but acknowledge this is a line ball call.
  • Any further cuts depend on the AUD, activity indicators, asset prices and inflation.

Below is the link to the full article:

NAB Nov Rate Call

Author: medicalfinancial
Tags: News Wealth Creation

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