UBS has delayed its rate cut forecast in light of the Reserve Bank's monetary policy statement, and upgraded the outlook on Caltex.

Following Friday’s release of the RBA monetary policy statement, UBS has made some changes to its interest rate forecasts.

"Given no rise in the unemployment rate yesterday, today’s RBA SOMP causes us to delay our forecast of the next 25bps RBA rate cut to February, from December, post the fourth quarter CPI data”, UBS said.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles