RBA likely to lower rates in August - Goldman Sachs

Ivan Delgado Independent Analyst

FXStreet (Bali) - Goldman Sachs has published a note to its clients, writing that today's CAPEX suggests the RBA easing cycle is not yet over, with the bank expecting another reduction in the interest rate by August.

Key Quotes

"Given the scale of the declines in this survey we reiterate our warnings that economic growth estimates remain skewed to the downside and the monetary easing cycle is unlikely to be complete. We continue to expect the RBA to ease interest rates again in 2015, most likely at the August meeting."

Author

Ivan Delgado

Independent Analyst

Established in the Asian continent since 2009, Ivan studied a degree in Business at the University Pompeu Fabra (Barcelona), while also earning a postgraduate degree in Business Administration.

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