RBA July 2019 - Twice in a row?!

75% of economists predicted another rate drop… Are they right?… or wrong?As mentioned previously, unemployment and wage growth is a priority for the RBA and despite last month’s cut, there wasn’t a lot of movement found in these two economic indicators.So the RBA Board has decided to drop another 25 basis points bringing the cash rate to 1%. Find out what other factors have triggered this decision including if the US-China Trade Deals has anything to do with it!AND if you’d like more data on ...