ANZ analysts point out that for the Australian economy, following the Q1 CPI we now have a combination of stable unemployment and falling inflation. Key Quotes “In recent months both inflation and GDP growth have surprised materially to the downside. We think this will see the RBA ease in May given the impact these developments will have on its outlook. The timing of the election is a complication, but we don’t think it will stop the RBA from acting if its forecasts lead to the conclusion further monetary stimulus is required.” “Will 25bp rate cuts in May and August be enough given the prospect, among other things, that it may not generate much in the way of AUD weakness? Perhaps not, but we think it will satisfy the RBA for now.” “We can’t rule out the RBA not cutting and instead moving to an explicit easing bias ahead of more confirmation that inflation pressures have eased.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum price analysis: ETH/USD recovery stalled, crypto markets mulls the outcomes of Tether scandal FX Street 4 years ANZ analysts point out that for the Australian economy, following the Q1 CPI we now have a combination of stable unemployment and falling inflation. Key Quotes "In recent months both inflation and GDP growth have surprised materially to the downside. We think this will see the RBA ease in May given the impact these developments will have on its outlook. The timing of the election is a complication, but we don't think it will stop the RBA from acting if its forecasts lead to the conclusion further monetary stimulus is required." "Will 25bp rate cuts in May and August be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
