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RBA to cut rates within weeks: Westpac – Yahoo Finance Australia
The RBA hasn’t ruled out further cuts and now Westpac economist Bill Evans predicts a budget-day cut.
The Reserve Bank of Australia has said further cuts to the interest rate are a possibility, albeit a slim one, in an economy update on Tuesday.
Australias official cash rate fell to its historic low of 0.25 per cent in March, with the RBA having previously been reluctant to voice any sort of consideration for taking interest rates even lower.
However, speaking on the Australian economy and monetary policy to the Australian Industry Group, RBA deputy governor Guy Debelle said more cuts arent …
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