An RBA Rate Cut Could Lead To The Formation Of A Technical Bottom. (Daily FX)
The RBA is expected to cut their benchmark rate by 75 bps at their policy meeting as the Australian economy is heading toward a recession. There has been some speculation that the central bank has some concerns that if they lower interest rates too far that upside inflation risks will re-emerge.
See the original post:
An RBA Rate Cut Could Lead To The Formation Of A Technical Bottom. (Daily FX)
