Why rates have no further to fall

An improving global economy, local house prices and Australian dollar stability will be the Reserve Bank's focus in upcoming meetings, and they're set to disappoint analysts who think the rate cut cycle will continue.

The interest rate cutting cycle in Australia is over.

At least it appears to be, based not so much on hard local news, but more on an unambiguous up-turn in global economic and market conditions and the yet to be felt effects of earlier monetary policy easings from the Reserve Bank.

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