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VIEW: TD Securities write that "consensus.......>

RBA
RBA: VIEW: TD Securities write that "consensus expects the 1.5% cash rate to
prevail through to mid-2020, and that may well be the case. However, after the
CPI hurdle last week (core at 1.75% Y/Y as widely expected) and a 'gradual but
on target' RBA, we look to Q4 wages on February 20 to assess the timing of the
first hike (November to 1.75% is our base case)."
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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