There has been a couple of switched on
commentators saying this for 12months or more
but nobody wants to believe it.
Unless Australia has a serious recession, I can
see interest not going any lower long term. There
are a few people suggesting that the cash rate
should be around 6% going forward in a benign
environment.
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- Interest rates will be higher for longer?
There has been a couple of switched on commentators saying this...
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