RBA Stands Ground As Economists Debate Where Rates Are Heading
The Reserve Bank Of Australia (RBA) continues to take the ‘wait and see’ approach. Economists, on the other hand, are finding it difficult to agree on whether rate cuts or rises will happen in 2019.
Let’s look at the argument for all three – leaving rates on hold, making a rate cut or a rate rise – so you can gain insight into the RBA’s decision. But before we do this, it’s important to consider market behaviour as this gives you a complete picture.
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Article sourced from eChoice.