Aussies could force Reserve Bank to follow
Interest rate cuts in Australia could force a U-turn by the Reserve Bank.
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Hawke’s Bay
Interest rate cuts today from the Reserve Bank of Australia could force Reserve Bank Graeme Wheeler to follow suit.
Overnight index swap (OIS) markets are pricing in a 50-50 chance of a second rate cut of the year as governor Glenn Stevens reviews the official cash rate (OCR) across the Tasman.
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Rob Hosking
Tue, 03 Mar 2015
Tue, 03 Mar 2015
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Aussies could force Reserve Bank to follow
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