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Saturday, August 17 2024
Rate Cut by Christmas

Traders are doubling down on bets that the Reserve Bank will have to lower interest rates this year after cooling US inflation reinforced expectations that the Federal Reserve is on the brink of kicking off its easing cycle.
 

Australian money markets ascribe a 26 per cent chance of an easing at the RBA’s next policy meeting on September 24, up from 15 per cent, and are fully priced for a move by Christmas according to the Australian Financial Review. 

Each 0.25% cut increases the average persons borrowing capacity by $20,000 - $30,000. So, if we get 3-4 rate cuts over the next 12 months everyone is going to have an extra $100,000 to spend.

Which means we are probably looking at a fresh wave of cashed up buyers entering the market in the months ahead. 
 
If you are looking for ways to maximise your purchasing power now so you beat the wave then you can Book a call with me for a Free Maximiser session  Click here to go straight to my calendar to make a time. 



Greg at MTA

Posted by: Greg Carroll AT 05:29 pm   |  Permalink   |  Email
 

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