WEBNF - Australia: RBA Minutes & Rate Cut Considerations - Details Inside
Asia-Pacific: The Week Ahead (Apr 22-26)
Market participants in the week ahead are set to receive fresh Australian inflation figures, as the country’s central bank begins to explore the potential for a cut to its cash rate.
In the latest release of the Reserve Bank of Australia’s meeting minutes, members of the central bank’s Board discussed how weaker-than-expected data – notably the December quarter national accounts – have fueled financial market participants’ expectations for an interest rate cut.
The RBA observed that financial market pricing implied that the cash rate was expected to be lowered