National Australia Bank's Monthly Business Survey today of business confidence and conditions (data and NAB commentary here) was accompanied by a dramatic turnaround in NAB expectations for RBA policy
Check out that link for the change
Bloomberg have a recap up now also, adding some info on other bank expecations:
- NAB's 1 percent rate call joins a growing group that includes JPMorgan Chase & Co., Morgan Stanley and Macquarie Bank Ltd. Prior to the Aug. 2 interest-rate cut, the lender had forecast a 1.75 percent rate through the third quarter of 2017.
and more here
