The Traderszone Network

Published in TZ Latest News 26 April, 2016 by The TZ Newswire Staff

RBA rate meeting next week – chance of a cut surges after low CPI

The Reserve Bank of Australia meeting is Tuesday (May 3)
Its suddenly become a lot more interesting!
The shock low CPI result today has seen the market reprice the probability of a rate cut … from close enough to zero its now around 50% (48, 49 … something like that depending on who and when you ask)