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Buy these ASX dividend shares if the RBA cuts rates – Motley Fool Australia
Here’s why I would be buying Dicker Data Ltd (ASX:DDR) and this ASX dividend share in this low interest rate environment…
Later today the Reserve Bank will meet to discuss the cash rate.
According to the latest cash rate futures, the market is pricing in a 56% probability of a rate cut to zero.
While I’m not convinced there will be a rate cut today, that doesn’t necessarily mean I’m expecting a rate hike any time soon.
In fact, I think it could even be several years until the central bank lifts rates again. In light of this, I believe income investors should focus on ASX dividend shares for a source of income.
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