Home RBA has enough data to justify rate cut on June 4 – JP Morgan

RBA has enough data to justify rate cut on June 4 – JP Morgan

Published date: 17 May. 2019 | 04:32

Analysts at JP Morgan expect the Reserve Bank of Australia to cut rates in August and November, but believe the risks of an early move has risen following Thursday’s disappointing labor data release.

Key points

RBA has enough data to justify a rate cut next month.

History shows limited scope for post-election rebound in the Aussie dollar.

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