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Weekly Economic Commentary

Weekly Economic Commentary

Categories: General, General

Over the past two weeks, we have seen a negative quarterly inflation number, an RBA rate cut and a large reduction to the RBA’s inflation forecasts. This has increased market expectations of further RBA rate cuts, with current market pricing incorporating an 80% chance of a 25 basis point cut by August (100% by October), and a terminal cash rate of 1.38% (refer chart below).

Source: Rural Bank


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