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First rate cut of the new year not far off

The Reserve Bank is likely to cut rates again in the first few months of 2020, with a second cut possible depending on the outcome of the May federal budget, a fund manager has said.

First rate cut of the new year not far off
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  • Shared by MyBusiness
  • January 13, 2020
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Australian fixed interest investment strategist at fund manager Janus Henderson, Frank Uhlenbruch (pictured), said the most recent economic figures did not look strong enough to prevent another rate cut from the RBA.

Read more at MyBusiness

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