Latest news with #MoneyMarkets
Bloomberg
18-05-2025
- Business
- Bloomberg
RBA Poised for ‘Hawkish Cut' as US-China Reprieve Boosts Outlook
Australia's central bank is set to lower interest rates for a second time this year as price pressures ease and US-China trade tensions take a pause, though lingering risks around both suggest the board will remain cautious on the policy path ahead. Economists and money markets expect the Reserve Bank will announce a quarter percentage-point cut on Tuesday to bring its cash rate a two-year low of 3.85%. They reckon Governor Michele Bullock will be reluctant to suggest further easing to come when she appears before journalists at 3.30 p.m. Sydney time, an hour after the rate decision is released.
Bloomberg
06-05-2025
- Business
- Bloomberg
Traders Bet It Will Take Longer for Fed to Start Cutting Rates
Traders are betting on a slower pace of interest-rate cuts from the Federal Reserve this year, with economic resilience forcing policymakers to remain on hold for longer before easing more sharply in 2026. Just a day ahead of the US central bank's latest policy decision, money markets are pricing three quarter-point reductions this year, one less than at the start of April. About a half point of additional cuts are expected next year, the most priced in for 2026 at any point in the current easing cycle.
