Seems the only rate cuts the ASX can look forward to will be secondhand via the US.
RBA Gov says the options here are 'hold' or 'higher'.
Our cuts may be a year away.
https://www.wsj.com/economy/central-banking/rba-stands-pat-says-inflation-risks-still-a-worry-40403498?st=t57i9icvu351r3u&reflink=desktopwebshare_permalink
- Forums
- ASX - General
- XJO, Gold, MOY and others