It seems fairly certain that the RBA interest rate will be dropping after they meet next week.
Just wondering what people's thoughts were...0.25% or 0.50%
I noticed that the first rate cut in the cycle following a series of rises has historically been 0.50%
Jan 1990 -0.50%
Jul 1996 -0.50% (595 days after last rise +1.00%)
Feb 2001 -0.50% (189 days after last rise +0.25%)
Just wondering what people's thoughts were...0.25% or 0.50%
I noticed that the first rate cut in the cycle following a series of rises has historically been 0.50%
Jan 1990 -0.50%
Jul 1996 -0.50% (595 days after last rise +1.00%)
Feb 2001 -0.50% (189 days after last rise +0.25%)