Posted by medicalfinancial
on 2 November 2012
Key points from the NAB review below:
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RBA now focussed on the post mining investment boom economy. The continuing high currency means cash rates need to go lower.
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We will keep our forecast of a November cut of 25bps but acknowledge this is a line ball call.
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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