National Australia Bank Ltd Stock Forum

The Reserve Bank of Australia (RBA) interest rate decision for December is fast approaching, with RBA set to announce the latest cash rate on December 10th.
Since the cash rate was increased from 4.1% to 4.35% in November 2023, it has remained unchanged through eight consecutive meetings. In its November monetary policy statement, the RBA noted that while the overall inflation rate in Australia has decreased, the underlying inflation rat...

Makin Moola

Aussies want the RBA to cut rates today, but they probably won’t be cutting rates until maybe September next year. BUT the markets are focused on who will win the US election; they want certainty and for the Fed to cut rates as expected later this week.
This time tomorrow, we will probably know who has won the US electi...

This is the biggest week for financial markets in 2024. The tone is a cautious but optimistic one. We’ve got the three, Es: the US Election, more company Earnings, and Economic data. Plus, the Fed’s expected interest rate cut, as well as the Bank of England’s. Meanwhile, the RBA meets and is expected to hold rates, and China’s top legislative body meets as we...