RBA Chief Risks Being Dragged Back Into Rate-Cut Fray by Brexit

Updated on
  • Odds of August interest-rate reduction reached more than 60%
  • Nomura reduces Australia 2016 GDP forecast to 2.7% from 2.9%

Will Brexit Cause Australia to Ease?

If Glenn Stevens thought he’d delivered his last interest-rate cut in May, the shock of the U.K.’s decision to exit the European Union last week has traders betting he will change that view.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.