-
RBA to cut in July
We have decided to bring forward the timing of the next RBA rate cut from August to July. We are surprised that we have to do this, given that a pause between cuts might have allowed for a smoother transmission process but cannot deny the explicit signals provided in the Governor’s more recent speech. This includes: that it would “… be unrealistic to expect that lowering interest rates by ¼ of a percentage point will materially shift the path we look to be on”; that “the possibility of lower rates remains on the table”; and that it “is not unrealistic to expect a further reduction in the cash rate.” ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 24, 2019 9:38pm Jun 24, 2019 9:38pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #2
- Quote
- Jun 24, 2019 9:49pm Jun 24, 2019 9:49pm
- Ghass1234
- | Joined Dec 2018 | Status: Member | 1411 Comments
- Comment #3
- Quote
- Jun 25, 2019 12:02am Jun 25, 2019 12:02am
- bmun2348
- | Joined Nov 2011 | Status: Member | 91 Comments
- Comment #4
- Quote
- Jun 25, 2019 12:10am Jun 25, 2019 12:10am
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #5
- Quote
- Jun 25, 2019 12:38am Jun 25, 2019 12:38am
- liberty458
- | Joined Aug 2006 | Status: Member | 527 Comments
- Comment #6
- Quote
- Jun 25, 2019 5:08am Jun 25, 2019 5:08am
- ieltsMike
- | Joined May 2019 | Status: Member | 30 Comments