April 2, 2025 – Written by David Woodsmith
STORY LINK Australian Dollar Remains Solid as RBA Keep Rates on Hold at 4.1%
The RBA paused its easing cycle and need to see more evidence of inflation stable around 2.5%.
This may come sooner than later and Westpac expect a cut in May.
Meanwhile, easing EU inflation opens the door to an ECB cut in April.
Monday’s session ended Q1 on a positive note as US stock markets managed to recover from a drop to new 6-month lows to close in the green. However, that didn’t…
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