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Westpac: 3 rate cuts to push Australian dollar to 0.66 cents

May 25, 2019 - 06:16 -- Admin

Via Bill Evans at Westpac: Earlier this week Westpac moved forward its forecast for RBA cash rate cuts from the original forecast on February 21 of cuts in August and November to June and August. The June cut remains almost certain; a second in August is our expectation and the November cut should also proceed.

The post Westpac: 3 rate cuts to push Australian dollar to 0.66 cents appeared first on MacroBusiness.

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