US EditionContrarian view: Why interest rate hikes could be back in play
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Contrarian view: Why interest rate hikes could be back in play
Today, Australian borrowers cheered as the Reserve Bank of Australia (RBA) cut the official cash rate by 0.25% to 3.85%. This was not a huge surprise. Most economists expected a rate cut; the only disagreement was regarding the magnitude. Where to from here? Many forecasters are predicting more rate cuts to follow. The money market is pricing one or two more rate cuts in 2025, which would bring the cash rate down to around 3.5%. Judo Capital Hol…
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