Bill Evans and the rate cuts ahead over next six months: Tweet of the day
Larry SchlesingerDecember 8, 2020
Attending the REINSW Commercial Property Conference in Sydney today, Ray White Menai’s Matt Debreczeni tweeted about rate cut forecasts from Westpac chief economist Bill Evans.
Evans was the keynote speaker at the conference.
In July, Evans pushed back his forecast for the next 25-basis-point rate cut reduction to the December quarter, having previously forecast rate cuts in August and September.
He re-affirmed this position in today's update to the Westpac-Melbourne Institute Leading Index of economic activity.
Larry Schlesinger
Larry Schlesinger was a property writer at Property Observer