Interest rate cuts in the offing on both sides of the Tasman
Markets are picking the Reserve Bank of Australia will cut rates – what does that mean for New Zealand?
Markets are now pricing in an 80% chance the Reserve Bank of Australia will cut the cash rate in June by 25 basis points after the Australian Liberal party won the ‘ unwinnable.’
The election held at the weekend is thought to have been a factor holding the RBA from cutting interest rates a
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