Oz Blog News Commentary

Capital Economics: RBA to cut to -50bps

July 17, 2019 - 14:14 -- Admin

Via Capital Economics chief economist Marcel Thieliant: Mr Thielant’s central scenario is that cutting interest rates to 0.5 per cent will be sufficient to restore growth and eventually return underlying inflation to the RBA’s target but if more stimulus were required, he says he is concerned that the government would probably remain reluctant to loosen

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