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RBA 'unlikely' to stop at one rate cut, says economist

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Australian Broker | 04 Feb 2015, 06:00 AM Agree 0
The Reserve Bank is “unlikely” to stop at just one rate cut this year, despite the risks of “super-low” interest rates on the economy
  • Bernard Brunner | 04 Feb 2015, 07:11 AM Agree 0
    Final comment in that article: Isn't that exactly what we want, lower interest rates with subdued growth? Growth just for the sake of it is not the goal. Realistic stability is the goal. Present situation shows that Australians have matured. We have a decreasing dollar, good for exports; imports coast more which leads to greater self sufficiency; housing industry up which employs and balances State budgets; and States improve services and infrastructure. And so it all goes around so long as we do not seek growth just for the sake of it.
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