A view from Chris Siniakov, Templeton's fixed-income team head in Australia
- Reserve Bank of Australia to cut its cash rate two more times
- RBA likely to reduce its key rate to 1% by mid-2017
- "With very little priced in for the RBA, if you have the fundamental view of the economy running along at below trend and segments of the economy in particular needing further assistance ... "
Two cuts in the next 7 or so meetings is a big call, but if the data deteriorate from here, yeah could be.
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Franklin Templeton is a global investment firm (NYSE: BEN) one of the world's largest asset management groups with around US$850 billion in assets under management
