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‘Two interest rate cuts in 2019’, say commentators

‘Two interest rate cuts in 2019’, say commentators

Ahead of the March interest rates verdict by the Reserve Bank, a group of economists and property pundits have suggested that the central bank will be forced to cut rates twice this year.

by mybusiness | 5 Mar, 2019

While RBA governor Philip Lowe recently moved away from suggesting that the next move in official rates will be up — and that it is now a 50-50 chance for either a cut or an increase — three-quarters of the 31 commentators on the finder.com.au interest rates panel believe that the next move will be down.