Australian DollarAustralian interest rates

Australian dollar sinks again as JPM goes all in on rate cuts

David Llewellyn-Smith
Wednesday, 6 March 2019
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The Aussie dollar just got whacked lower again and bonds broke out as JPM’s Sally Auld released new rate cut forecasts:

RBA: We now expect 50bp of easing in 3Q19

 We expect the RBA to cut rates by 25bp in July, followed by a further 25bp easing in August

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.