3 Feb 2015
RBA to keep rates on hold - BoAML
FXStreet (Bali) - Bank of America Merril Lynch is betting for the RBA to keep the interest policy rates on hold for all of 2015.
Key Quotes
"We continue to expect the RBA will keep policy rates on hold for all of 2015. Our forecast is retained as a small but increasing number of market economists look for a short term easing of monetary policy. Further financial markets have become increasingly aggressive in pricing in rate cuts –somewhat fuelled by media speculation."
Key Quotes
"We continue to expect the RBA will keep policy rates on hold for all of 2015. Our forecast is retained as a small but increasing number of market economists look for a short term easing of monetary policy. Further financial markets have become increasingly aggressive in pricing in rate cuts –somewhat fuelled by media speculation."