0

Powell and Lowe – will they both hint at rate cuts today?

There’s further escalation of the US China trade dispute, as Google indicates it won’t be working as closely with Huawei … after all, that’s what the President asked for. It’s hit shares today, but bond yields have risen slightly ahead of Jerome Powell’s talk this morning  – will he give a strong hint that a rate cut is coming? And what about Philip Lowe from the RBA, will he be doing the same? Phil Dobbie talks to NAB’s Rodrigo Catril on a day when words from central bank governors are front and centre.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to top