Reserve Bank of Australia Governor Lowe is speaking later on 24 September 2019
- at 1005GMT
- the topic of his speech is "An Economic Update"
I posted earlier that:
- Expectations are high that he will, in part, be outlining a rate cut at the upcoming October meeting
BNZ flag a warning:
- RBA Governor Lowe gives a speech tonight, which gives him a chance to push back on market pricing which puts an 80% chance of the next rate cut coming early October.
- If he doesn't, then the market might well take an October rate cut as a done deal, leading to some slight downside pressure on the AUD and rates.
Might be like pushing this
