Rate cut - no chance this year. Economy too hot. Employment too strong. Noise is very loud in the media, but is not reflective in people's bank accounts and consumers spending habits across the country. Shopping centre car parks still full and airports full.
We are in stagflation for 2 years already. High inflation with no growth. In fact, negative growth per capita only partially propped up by out of control mass immigration.
100% people are already telling me how good rate cuts will be next month bla bla. I'm like you all have to much money.. They ain't going to cut rates and they shouldn't!
Unemployment is still strong and inflation hasn’t really come down just go to the grocery store and see the prices everything is still expensive let’s see.
You lose all your profits to income tax and inflation. Speak to financial advisor., could be wiser to invest in capital growth which gets big tax discounts in Australia
Michelle is stubborn she's holding out until her expectations / reqirements are met but that may never happen. Also she won't want to lower rates only for inflation to rise again, I think 40 to 45% chance of a rate cut in Feb.
My prediction is may, they will say the usual spill that they need more time to get inflation stable. If they cut in February that would be nice but I am not confident at all
What trump is doing is expected to be inflationary, AUD already weak which is Inflationary, any rate cut is inflationary too, employment too strong, central banks are quick to raise, slow to cut also with an election looming historically they don't cut before an election and the trimmed mean inflation rate still outside the band, if they don't cut this year I would not be surprised
While core inflation is mid 3% and unemployment stays historically low, there will be no rate cuts.
Aud is also looking awfull against most other currencies worldwide.
Let’s knock Inflation on the head first. No rate cut.
Rate cut - no chance this year. Economy too hot. Employment too strong. Noise is very loud in the media, but is not reflective in people's bank accounts and consumers spending habits across the country. Shopping centre car parks still full and airports full.
No change first half of this year
Don’t think it’s a cut in Feb, lucky if we can get one in May
I'm not expecting a rate cut until 3rd quarter this year.
Love it Tommy!!
The Aussie dollar is a bit too fragile to risk a rate cut, it might throw us into stagflation, assuming we're not already in it.
We are in stagflation for 2 years already. High inflation with no growth. In fact, negative growth per capita only partially propped up by out of control mass immigration.
@InfinityIsland2203 Agree, smoke & mirrors in full action.
tom panos ... who is he? one of the few reliable sources of information regarding the property market ...
no way to a rate cut - still too much money sloshing around
100% people are already telling me how good rate cuts will be next month bla bla. I'm like you all have to much money.. They ain't going to cut rates and they shouldn't!
Unemployment is still strong and inflation hasn’t really come down just go to the grocery store and see the prices everything is still expensive let’s see.
Put it up so I can collect more interest 😂
You lose all your profits to income tax and inflation. Speak to financial advisor., could be wiser to invest in capital growth which gets big tax discounts in Australia
@InfinityIsland2203 it’s a Ponzi scheme they want you keep getting more debt so you can pay more interest so you can save a margin from your income
25 basis points on 18 February and another 25 on 8 April - watch the market and PI's go sick when these 2 things happen!!!
Interest rates won’t move in Feb 25
No rate cut. Indicators all pointing in the wrong direction.
hope they raise rates in 2025...the banks cant be trusted..they have indebted a generation
Michelle is stubborn she's holding out until her expectations / reqirements are met but that may never happen. Also she won't want to lower rates only for inflation to rise again, I think 40 to 45% chance of a rate cut in Feb.
It’s just like the casino is going bankrupt because it has to do the right thing 😅😅😅
No cut in feb
My prediction is may, they will say the usual spill that they need more time to get inflation stable. If they cut in February that would be nice but I am not confident at all
Hold
NOPE NO RC
What trump is doing is expected to be inflationary, AUD already weak which is Inflationary, any rate cut is inflationary too, employment too strong, central banks are quick to raise, slow to cut also with an election looming historically they don't cut before an election and the trimmed mean inflation rate still outside the band, if they don't cut this year I would not be surprised