- Asian investors’ attention will turn to some key interest-rate decisions and a batch of Chinese data in the week ahead.
One of the week’s most awaited events comes Tuesday when the Reserve Bank of Australia meets. The central bank has been on an extended pause in its rate- hiking cycle, having last raised the benchmark cash-rate to 4.75% in November.
But with the global economy facing an uncertain future, some analysts are now betting the RBA’s next move will involve a rate cut rather than another increase.
Regards,
Don
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