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VIEW: NAB "have changed our call on monetary....>

RBA: VIEW: NAB "have changed our call on monetary policy. Previously we expected
a cut in November to 0.75%, together with additional fiscal stimulus. We now
expect a further cut to 0.50% in February, at which point the Reserve Bank would
outline its plans on unconventional policy. Unless the government delivers a
meaningful fiscal stimulus, a further cut to 0.25% by mid-2020 is likely, along
with the adoption of non-conventional monetary policy measures."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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