RBA - Wespac tip two interest rate cuts in 2019

Discussion in 'Property Market Economics' started by MTR, 25th Feb, 2019.

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  1. Waterboy

    Waterboy Well-Known Member

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    Westpac now expects 0.75% total cuts in 2019:

    "Earlier this week Westpac moved forward its forecast for RBA cash rate cuts from the original forecast on February 21 of cuts in August and November to June and August.

    The June cut remains almost certain; a second in August is our expectation and the November cut should also proceed.

    Therefore, Westpac is now forecasting three cuts in 2019 in June; August and November to push the cash rate from 1.5% to 0.75% and to hold at that level through 2020."

    Read more: RBA to cut the cash rate to 0.75% by November; AUD to USD0.66 by end 2019.
     
    Waterboy, 24th May, 2019
    #61
  2. Waterboy

    Waterboy Well-Known Member

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    ^Westpac also discusses potential Quantitative Easing (QE) in 2020 or beyond.
     
    Waterboy, 24th May, 2019
    #62
  3. euro73

    euro73 Well-Known Member Business Member

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    The sooner Canberra gets its fiscal hands out of its pockets, the better...
     
    euro73, 24th May, 2019
    #63
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  4. Waterboy

    Waterboy Well-Known Member

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    The RBA can just buy AU Government Debt and write it off...
     
    Waterboy, 24th May, 2019
    #64
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  5. Dean Collins

    Dean Collins Well-Known Member

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    Dean Collins, 26th May, 2019
    #65
  6. Waterboy

    Waterboy Well-Known Member

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    And yet the RBA hasn't reduced the cash rate yet?
     
    Waterboy, 26th May, 2019
    #66
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