Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Wednesday, 20 January 2016

Cash rate to fall

Futures are getting set for another interest rate cut by the middle of the calendar year to 1.75 per cent.

The implied yield curve is now inverted miles out, right the way through this year and next.

Banks and other lenders may or may not pass on all of another cut as and when it arrives...but another cut to the cash rate should be enough to wrench a few more hapless savers out into shares and property.