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#343 Bonus: Is the US heading into a recession? Economist Stephen Koukoulas

The Mentor with Mark Bouris

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Do You Think Interest Rates Are Going to Get Reduced?

The RBA will need a shock for them to cut it again, says Kooge. For those people who are thinking that there's going to be rate reductions from where we are this time next year, forget it,. We may get some more rate rises between here and the end of the calendar year. But don't be banking. If you're planning, all we interest rates are going to come back down. That's not likely to happen. Very unlikely. Never say never in this world, but very, very unlikely here and now.

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