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MNI Survey of RBA Cash Rate Forecasts: 5/20 See Hike Q2 2018

--All See Cash Rate on Hold on December 5
     SYDNEY (MNI) - Below is a table of forecasts for the next Reserve Bank of
Australia cash rate decision on Tuesday and the outlook for the cash rate. The
cash rate is current at 1.5%.
                    December 5                                        Outlook
-----------------------------------------------------------------------------
NAB                       Hold                    25bps hike in Aug, Nov 2018
ANZ                       Hold                     25bps hike in May, 2H 2018
Westpac                   Hold                          Hold 2017, 2018, 2019
CBA                       Hold                         25bps hike in Nov 2018
Goldman Sachs             Hold                          25bp hike in May 2018
Citigroup                 Hold                                Hike in Q4 2018
JPMorgan                  Hold                    Hold for foreseeable future
HSBC                      Hold                       25bp hike in Q2, Q4 2018
TD Securities             Hold                     25bp hike in May, Nov 2018
UBS                       Hold                          25bps hike in Q4 2018
Deutsche Bank             Hold                             Hold 2017 and 2018
AMP Capital               Hold                        Hike probably late 2018
Moody's                   Hold                     Hike not before early 2019
St. George                Hold                          25bps hike in Q1 2019
Macquarie                 Hold  25bps hike Aug and Nov 2018, Feb and May 2019
Nomura                    Hold                          25bps hike in Q1 2019
RBC Capital               Hold                            Hold until end-2018
BankAm-ML                 Hold                       25bp hike in Q2, Q4 2018
Morgan Stanley            Hold                              Hold through 2018
Standard Chartered        Hold                             Hold until Q4 2018
Wells Fargo               Hold                            Hold well into 2018
--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com
[TOPICS: MTABLE,MMLRB$,M$A$$$,M$L$$$]

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