July RBA meeting rate cut not expected, but August looks likely
Jonathan ChancellorJune 29, 2013
The latest Bloomberg survey has 25 of 28 economist seeing no change at the July RBA meeting on Tuesday.
But 15 of the economists expect the August RBA meeting will cut the cash rate from 2.75% to 2.5%.
Many do not then see any further decline or increase for the next few quarters.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
