Can we expect more rate cuts from the Reserve Bank

Pendal Group

Pendal Group

Can we expect more rate cuts from the Reserve Bank? 2015 has seen an unprecedented rate-cutting sweep by central banks across the globe, as policy-makers scramble to stave off deflation and keep currencies low. The Reserve Bank of Australia followed suit by lowering interest rates to 2.25%, but will this cut be enough to keep the Australian dollar down? The market is assigning a 50% probability to another cut at the Reserve Bank's March meeting. In this video, Portfolio Manager Steve Campbell explains why he thinks there won't be a move just yet - and looks at the factors that will drive the RBA's decision (VIEW LINK)


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