the next rate cut might need to be 1.5% or even 2%...after those very dissapointing figures for Nov came out,,,,, if they were bad....how bad do you think the Dec figure will be...
and the BOE cut rates to 1.5% the lowest in 314 years.... that is what the RBA should be doing....what a joke our base rate is 4.25% a massive 3% higher than both t he UK and US