More banks join the chorus for further rate cuts from the RBA
More banks join the chorus for further rate cuts from the RBA. This from Goldman Sachs, our base case is now that the RBA cuts rates by 25bps in March and August 2015 - taking the cash rate to 2.0%. Further ahead, we expect the RBA will leave interest rates unchanged until 2Q16 when we expect the RBA to commence a tentative tightening cycle.
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