- December 20, 2011
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
I continue to stick with my forecast that the RBA will cut rates by a total of 100bps in this cycle. Consequently there are 50bps of further easing to come. With the current developments in the domestic labour market and ongoing uncertainty globally I expect that the next rate cut of 25bps will come in February.