6 November 2012, 12:45 RBA rate cut forecast in February
The market was surprised with the unchanged cash rate at 3.25% by the RBA since consensus was pointing to a 25bo cut to 3.00%. However, TD Securities analysts didn't follow the general bias and their forecast proved to be right: “The two signposts that we identified as negating the need for a follow-up cash rate cut in November were highlighted in the tail end of the Board’s communiqu
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