TM comes to the same conclusion as i have, mostly for the same reasons:
These would broadly point to rates remaining on hold through the August, September and October meetings as well, with the next major point of reassessment, the CPI inflation data for the June quarter, which is released at the end of October.
I wonder if he reads your stuff.
He wouldn’t understand it.
I think a rate cut should occur for the reasons outlined by Kouka but I don’t believe they will.
Of course Europe could change all this