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Continued rate rises to be the death knell of Albanese’s Prime Ministership, page-25

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Cowboyinvestor

21,300 Posts.

33

28/04/24

20:31

Post #: 73546917
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Originally posted by TheCapatilist: ↑

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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yep it certainly hard to predict, but what’s clear is the idea of rate cuts occurring before May 2025 is fanciful, any rate hikes will hurt Albanese’s chances of re-election
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