Bill Evans: Three rate cuts are coming

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From The AFR:

Westpac chief economist Bill Evans has added a third interest rate cut to his forecasts on top of the two he is already calling for, meaning the cash rate will be at a record low 0.75 per cent in November if he is right…

On Friday, Westpac revised its forecasts for cuts in August and November, to cuts in June, August and November.

I think the RBA will do two cuts first and then wait and see.

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.