1. Australia monthly inflation
Wednesday will see the latest monthly consumer price index numbers released, which will be crucial in helping the RBA decide what to do with interest rates.
According to Gilbert, it's a given now that a rate cut will be coming this year.
"The market now sees an 80% chance the RBA will cut rates in August. However, the higher-for-longer take from the board can't be ignored by investors."
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1. Australia monthly inflationWednesday will see the latest...
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Last updated 15.35pm 13/05/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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