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For clarities sake the RBA highlights that......>

RBA
RBA: For clarities sake the RBA highlights that "the domestic forecasts are
conditioned on the technical assumption that the cash rate moves in line with
market pricing. Current market pricing implies one 25 basis point cut in the
cash rate by the end of this year, to 0.75 per cent, and a further 25 basis
point cut in the first half of 2020. This compares with market pricing for an
ongoing cash rate at around 1 per cent at the time of the May Statement."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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