There are some very smart individuals who have
been saying since 2022 that the cash rate needs
to start with a 5.
Not the type that get their heads in the media
but people working at the coal face in financial
markets.
Personally I believe trying to predict interest rates
is a tough game, but generally I will take my lead
from bond market trading. A 5 percent cash rate,
while unpleasent for some, might bring back
sense and balance .
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