Why Rate Cuts Won’t Come Soon To Australia...

Digital Finance Analytics (DFA) Blog

Sep 01 2024 | 00:13:07

00:00 / 00:13:07

Show Notes

Markets have reduced their expectation of a cash rate cut this year following key data at home and in the US suggests both economies were still on solid footing despite elevated inflation and decade-high borrowing costs. Now Australian money markets are no longer fully pricing in an interest rate cut this year, implying an 85 per cent probability of an easing, against 118 per cent on Tuesday. Actually, in Australia, money markets are pricing in two to three rate cuts by early April and this dialling back came after the monthly consumer price index indicator for July, released on Wednesday, […]

Other Episodes

Episode 0

May 08, 2023 • 00:25:13

Westpac Wilts Under Scrutiny: With Robbie Barwick... [Podcast]

Breaking news, as Westpac reverses its decision to close some of its regional branches, in response to the pressure form the Senate inquiry (which...

Episode 0

December 05, 2020 • 00:21:34

Home Lending Spin And Reality... [Podcast]

We look at the real new lending data, and compare it with the spin…. https://www.abs.gov.au/statistics/economy/finance/lending-indicators/oct-2020 The latest edition of our finance and property news...

Episode 0

July 03, 2022 • 00:07:07

Volt Bank Loses Its Spark! Others May Follow.... [Podcast]

Neo-Bank Volt has closed its doors and is returning deposits to its customers and selling its mortgage book. We look at why this happened,...