JP Morgan on the Reserve Bank of Australia cash rate
- Forecast the cash rate to 1% by the end of Q3 2019
- See it at 0.5% by the middle of next year
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The RBA cash rate is currently 1.5%
Next meeting is June 4
JPM see the cuts starting at the June 4 meeting
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Last week:
Westpac are now forecasting 3 RBA rate cuts in 2019 (from 2 previously)
