SYDNEY, Jan 30 (Reuters) - Economists at National Australia Bank (NAB) on Thursday pushed back their forecast for further monetary easing by the country's central bank to April from their previous call for a February rate cut.
The move aligns NAB's forecast with financial market pricing indicating a mere 20% chance of a 25-basis-point cut to the 0.75% cash rate in February. RBAWATCH
The RBA holds its next policy meeting on Feb. 4 and the market had already sharply scaled back the chance of an easing following stronger-than-expected employment report last week.
SYDNEY, Jan 30 (Reuters) - Economists at National Australia...
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Last
$41.86 |
Change
0.150(0.36%) |
Mkt cap ! $128.2B | |||
| Open | High | Low | Value | Volume |
| $41.63 | $42.13 | $41.53 | $175.6M | 4.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6702 | $41.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.90 | 715 | 1 |
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| Last trade - 16.15pm 26/08/2025 (20 minute delay) ? |
| NAB (ASX) Chart |