Majority of 35 economists predict RBA will cut rates on Oct 01

Via Reuters

  • Majority of 35 surveyed economists are expecting RBA to cut rates to 0.75% on Oct 01
  • Cash rate seen at 0.50% by early 2020

This contradicts RBA Lowe's assessment that the economy is at a gentle turning point. See pic below for action shot of RBA's Lowe vs Reuters Poll (Lowe in the grey)

Via Reuters
investingLive Premium
Telegram Community
Gain Access