Why the RBA will cut rates

With a slow rise in unemployment and a worryingly low inflation rate, the Reserve Bank should cut rates at the August meeting.

The RBA needs to cut interest rates. Its Board will sit down on 6 August to consider the appropriate level of interest rates with a trifecta of critical economic news before it. Those three vital elements are;

These factors alone should ensure an interest rate cut next month and unless things change on these three measures, there will be more interest rate cuts after that.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles