Flash: No more RBA cuts expected, 4% rate by H1 2016 - ANZ

FXstreet.com (Barcelona) - ANZ Economists have changed their RBA rate forecast, calling for no further rate cuts vs its previous view that the RBA still had another 25bps to cut next February. ANZ expects the first hike in 2015. According to Economists in the bank, 4% should be the 'equilibrium' level for RBA cash rate, which is expected to be touched in 1H of 2016.