There is a lot of ‘uncertainty’ around RBA cutting rates before the end of year

AMP Chief Economist Shane Oliver says there is a lot of “uncertainty” around the RBA cutting interest rates before the end of the year.
Annual inflation dipped to 3.6 per cent in the year to March.
It is down from 4.1 per cent in the 12 months to December.
Economists say the result exceeded market expectations.
It means inflation is likely to fall slower toward the RBA’s goal of two to three per cent.

[@snafu22]

what the hell would an amp economist know, have you seen how amp share price has completely tanked? the business is a mess.

[@ce244]

Always was, even before the GFC. I remember looking at the return on equity and it was ALL over the place. Rubbish business.

[@tomjones5338]

Criminals in suit's stealing from the peasents

[@buildmotosykletist1987]

Oliver has a very long history of getting forecasts wrong.

[@ce244]

1:32 no there won't. You are dreaming. Inflation is sticky and the RBA is too conservative to cut rates until it is WELL below 3 percent.

[@1JohnnyUTAH]

Don't worry Cattle woman will herd the Australian Sheep 🐑 into Line 😂

[@englishstark6100]

Puberty blockers first then the cut