October 30, 2024 at 01:56AM
An out of consensus idea from Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP in Australia.
Oliver says there is still a prospect of a December 2024 rate cut from the RBA:
Oliver’s ‘base case’ is for a February 2025 rate cut from the Reserve Bank of Australia, not December. But it never hurts to take a close look at the data and plot out a scenario or two.
This article was written by Eamonn Sheridan at www.forexlive.com.
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