Rate cut likely coming, but when?
Prospects of a new record-low RBA cash rate are continuing to firm, with economists and experts tipping a 0.1 per cent cut to be announced before the end of the year.
Speculation is continuing to mount that the RBA is set to move on the official cash rate. Photo: Shutterstock (Image source: Shutterstock.com)
Prospects of a new record-low RBA cash rate are continuing to firm, but economists and experts are split on whether a a 0.1 per cent cut will be announced this month, or in November.
Two in five respondents to Finder’s latest RBA Cash Rate Survey said they expect the official cash rate to be trimmed in the next two months, with 15 per cent of those forecasting a cut next week, and a further 25 per cent tipping a November cut.
The survey follows…
