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May 20, 2025 15 min

Go Your Own Way

from Macro Minutes

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

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Go Your Own Way

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This episode was published on May 20, 2025.

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