Forum Topics Green Light for Interest Rate cuts
Rapstar
Added 3 months ago

July CPI data in. You wouldn't know it - little on the news about it, because it wasn't click baity enough.

CPI now trending at 1.6 % on a three month annualized basis. Electricity costs down bigly, and slight relief for renters.

Core CPI now trending at 2.0% on a three month annualized basis.

With the US Fed cutting next month, I suspect the RBA will pivot more dovish over the coming comms, and will begin cutting within 2-3 months.

17
thunderhead
Added 3 months ago

The big question is how much of the anticipated monetary easing the market has already priced in. The buy-the-dip mentality has been very strong all year.

7