ECB to Signal Upcoming Rate Cut while RBA Signals Next Move

  • Monday, July 22, 2019

Welcome to “The Cyborg Analyst” by Prattle. This report provides weekly, quantitative insights on G-10 currency central banks.

The Most Important Central Bank Releases This Week
central bank communications analytics research

With a likely Fed rate cut next week looming large, this week is fairly quiet among G10 currency central banks. The biggest market mover is likely to be the ECB policy meeting, which will almost certainly result in a rate hold and signal that a September cut is likely. In Australia, a speech by RBA Governor Lowe could signal a timetable for future rate cuts. BOJ policymakers are also contemplating stimulus, and this week’s data releases will likely signal how aggressive those measures will need to be. As other central banks continue to ease, the BOE has held neutral while awaiting the full impact of Brexit. As such, this week’s speeches by Haldane and Breeden will likely maintain this trend.

This is an abbreviated version of the Cyborg Analyst. The full weekly report contains detailed analysis based on Prattle’s Central Bank Analytics.