Economists believe AUD asset demand should withstand likely rate cuts
- Monday, 30 April 2012
Although a May 1 cash rate cut by the Reserve Bank of Australia (RBA) is considered virtually inevitable by local economists, there is an expectation that international demand for AUD-denominated assets should prove resilient even to a more prolonged downward rates trend. Some economists also believe the extent of future rate cuts is being overstated by market pricing.
