Having a look at the Fed's debt they cannot afford higher interest rates.
Look at the RBA, they are desperate for inflation and getting the AUD dollar down even if it means persecution for the Australian people.
disallowed/business/markets/aussie-dollar-rebound-creates-unwanted-headache-for-rba-20200102-p53oaq.html
I said in another post they will use the bushfires as a GDP excuse and not thwart their lower interest rate agenda killing the economy. see below
https://www.yourinvestmentpropertymag.com.au/news/rba-likely-to-cut-rates-twice-269224.aspx
