RBA Minutes Reveal Strong Conviction to Further Easing in November

RBA’s minutes for the October meeting offered more supports that further easing will be rolled out soon. Potential measures include rate cuts and asset purchases. The bottom line is that the policy rate will not go negative. Assistant Governor Christopher Kent’s speech earlier today signaled strongly the easing bias. We maintain our view that RBA […]

The post RBA Minutes Reveal Strong Conviction to Further Easing in November appeared first on Action Forex.

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