CBA on the next RBA rate cut - forecast is Feb 2020, but ….

Via a Reuters wrap up of the RBA minutes published earlier today:

• Oct. RBA minutes: Prepared to ease further if needed to support growth and jobs

Quick comment via CBA:

• key to the timing of Reserve Bank of Australia policy moves is the labour market
• CBA forecasts February for a 25bp cut
• "but an unemployment rate drifting further away for the RBA's goal of full employment could see another rate cut" in 2019

--

ps. The remaining RBA meetings this year are on:

• November 5
• and December 3

pps. Labour market report is due Thursday this week:

• Australian jobs report is due this week - once again eyes on the unemployment rate