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

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