The big banks have jumped the gun, putting through hefty cuts on deposit rates before the RBA has even conceded that official rates can move lower.Money markets dictate money prices: If they are right, the rate cut you have been expecting is just around the corner.
AMP economist Diana Mousina joins wealth editor James Kirby.
------
In today's show, we cover
- Rates finally drop - but not for borrowers
- * Why are my council rates rising if prices are flat?
- * Can childcare stocks ever be viable for retail investors?
- * The FIRE movement returns fire
See omnystudio.com/listener for privacy information.
