The Conversation

Financial markets expect a cut, but RBA Shadow Board says hold

Author: The Conversation

Uncertainty around Greece defaulting on debt repayments continues to dominate the global outlook. AAP/EPA/Aexandros Vlachos

Financial markets are pricing in a 75% chance of a rate cut when the RBA meets, which would be its second such move this year.

However, the CAMA RBA Shadow Board advises against this. The central dilemma for the RBA persists:...

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