Mr Greenwood sat down with the Australian’s Washington correspondent Adam Creighton to
discuss the global implications of the United States’ $31.4 trillion dollar debt ceiling.
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Five interest rate cuts by end of next year, expert predictsCBA’s Head of Australian Economics Gareth Aird is forecasting five cuts in interest rates, bringing the cash rate down 125 basis points, by the end of next year. “These rate hikes, rate cuts move in cycles,” Mr Aird told Sky News Business Editor Ross Greenwood. “Once we get an easing cycle it won’t be just one interest rate cut, it’ll be several.”
Source: SkyNewsAust - 🏆 7. / 78 Read more »