NAB sees two more years of below-trend Australian growth
NAB expects the RBA to hold rates in October, with a near-term risk of another increase. It slightly raised its inflation and unemployment forecasts while keeping its outlook for two more years of below-trend growth unchanged.
1. NAB outlook
NAB expects the RBA to hold rates in October, though it sees a near-term risk of a further increase. The bank slightly raised its inflation and unemployment forecasts, while its outlook for another two years of below-trend Australian growth remained unchanged.
