Interest rate whisperer Andrew Ticehurst tips another 2015 RBA rate cut

Interest rate whisperer Andrew Ticehurst tips another 2015 RBA rate cut
Jonathan ChancellorDecember 7, 2020

Nomura Australia rate strategist Andrew Ticehurst views the combination of low inflation, the high Australian dollar, and the China slowdown will force the RBA's hand for a third time this year.

"The next real window for an RBA cut is likely August, and we currently assign a 40 to 50 per cent probability to a move at this time," the Australian Financial Review reports.

"We think the probability rises again later in the year, and a move by November is more likely than not."

He ranks as the only economist to forecast the Reserve Bank of Australia's four interest rate decisions so far this year.

Only a few economists currently expect the RBA to ease further this year.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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