I agree booz. Lots more rate cuts to come.
The RBA will be forced to slash the OCR as they follow the global deflationary trend of other central bankers (Fed, BoE, ECB & BoJ) in the race towards a ZIRP.
And with Australia's central bank having further to cut, it merely means that we have further to fall as the RBA chases the market - all the way down...
