forex.pm forex forum binary options trade - Forex - Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high
  • Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high

Started by forex4you, Jun 17, 2024, 06:27 am

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high

The Reserve Bank of Australia is meeting today and tomorrow, Monday, 17 June 2024 and Tuesday, 18 June 2024.

The Bank's decision is due at 2.30pm Sydney time on Tuesday

  • this is 0430 GMT and 0030 US Eastern time

Reserve Bank of Australia Governor Bullock will hold her press conference an hour later, at 3.30pm local (0530 GMT, 0130 US Eastern time).

The latest data relevant to the Bank's two mandates show inflation stubbornly above target (the target band is 2 to 3%):

While the jobs market remains solid, with the unemployment rate not too far above its recent near five-decade low:

Sticky high inflation and a resilient jobs market means the Bank will keep its cash rate on hold at 4.35%. Expectations are for a cut perhaps late this year or early next:

Reserve Bank of Australia Governor Bullock



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com