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Another big bank predicts rate cut change

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Australian Broker | 19 Mar 2014, 07:51 AM Agree 0
Big banks are jumping on the rate cut about-face bandwagon
  • greg | 19 Mar 2014, 09:11 AM Agree 0
    Never ever believe economists.
    80% of time wrong and would cost me money if followed their expert forecasts.
  • Wombat | 19 Mar 2014, 10:06 AM Agree 0
    Ask 10 economists for their predictions, and you'll get 10 different answers. Which economist (or bank) predicted the GFC? Even the great RBA got that terribly wrong and had to take urgent remedial action to reverse its cycle of constant rate increases.
  • Chris | 24 Mar 2014, 09:51 AM Agree 0
    Economics is like an exam with no wrong or right answer, just write something as long as you can state a point with whatever data you have to try and back an argument, no matter how far fetched it maybe...just not worth the time or energy...like this comment really!
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