RBA could cut twice more
Such is the conclusion of economics gurus 4Cast, although the group does concede that future interest rate cuts will likely be smaller than the kind of chops seen in the months following the collapse in financial markets last year.
"We think it’s going to be at least November now before there is enough accumulated evidence to shove the RBA off the fence," said 4Cast head of research Ray Attrill, speaking to the AAP.
He added that unemployment data will play a key role in swaying the RBA’s hand in the coming months.
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