- November 18, 2011
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
The opportunity to take some risk ‘off the table’ and lock in remarkably low fixed rates is there again. Fixed rates could go even lower but to sustain current levels the market is likely to need to expect the cash rate to fall into the 2’s – a feat which could not be achieved, even during the Global Financial Crisis.
In that regard let me repeat that businesses should focus on risk management rather than fine tuning interest rate forecasts. Leave that to the markets and the economists.