RBA downplays market expectations of rate cut amid chaotic US policy settings
The market is tipping another rate cut soon but the RBA is less convinced in a world of chaotic Trump-led tariffs, although that hasn't stopped some banks aggressively courting borrowers through lower interest offerings.
Sarah Hunter, Assistant Governor, RBA (Image source: Shutterstock.com)
There is a widespread expectation that the Reserve Bank of Australia (RBA) is on the verge of launching into a series of interest rate cuts but an assistant governor at the central bank has said all eyes are on policy settings in the United States.
Delivering a speech in Sydney, Assistant Governor Sarah Hunter went some way to hosing down assertions that a May cut to the current 4.10 per cent was a given.
Market positioning currently implies a …
