RBA's Debelle: We have capacity to cut rates one more time, beyond that we will have to consider QE

Further comments by RBA deputy governor, Guy Debelle

I reckon they should just get it over and done with and start discussing QE now. The market has already priced in a ~97% probability of that final rate cut next month so it is not like they are not going to move - even more so after the Fed yesterday.

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