Five views on where rates are headed following Q3 CPI data

Five views on where rates are headed following Q3 CPI data. Disinflationary forces are apparent across many major developed economies at present. This, along with a subdued domestic activity in Australia, has seen the odds of a further rate cut from the RBA increase. Yesterday the ABS announced that core CPI fell from 2.8% to 2.55% in the year to Q3. Immediately following the release Livewire reached out to five economists to find out if the change in inflation data had influenced their outlook on interest rates in Australia. Click the link to access opinion from Chris Caton, Shane Oliver, John Abernethy, David Bassanese and David Scutt. (VIEW LINK)