Just in, possibly on the back of the worrying downtrend in population growth, ANZ Research are calling for two rate cuts or 50bps, taking the current cash rate to 1.5%:
ANZ Research now expects the RBA to cut the cash rate by a further 50bps next year #ausecon
— Warren Hogan (@anz_warrenhogan) September 24, 2015
February and May are the calls. Months are hard to predict but the trend is down for sure.
Aussie dollar remains stable at 70 cents in late Asian trade…watch this space when London opens!
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Update: here’s the gist via Peter Martin
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