Will we see a rate cut from the Reserve Bank this year?
When the Facts Change
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Delay in Expected Interest Rate Cuts and Economic Analysis
The chapter discusses the delay in expected interest rate cuts from the Reserve Bank, with predictions aiming towards late 2025, while speakers anticipate rate cuts starting in November of the current year based on inflation projections. It analyzes the impact of the lockdown period on the economy, focusing on shifts in demand post-lockdown, inflation in the services sector, factors contributing to inflation, and challenges hindering the Reserve Bank from cutting interest rates.
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