Both the Bank of England (BoE) and Reserve Bank of Australia (RBA) delivered 25bps rate cuts at their latest meetings but with very differing messages. Whereas the RBA delivered a ‘very dovish’ cut the BoE was much more cautious and in this episode we unpack the reasons for that differing approach and what it means for each going forward.

Participants:

• Cathal Kennedy (Desk Strategy), Senior UK Economist
• Su-Lin Ong (Research), Chief Australia Economist

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts