Westpac Chief Economist Bill Evans breaks rank to comment on his belief that interest rates will fall in the coming months, and reveals the reasons behind it. Plus a look back at this week's consumer confidence slump and the outlook for employment figures.
The problem is that I think Bill is right. The strong AUD does not help maintaining a strong economy. A bearsih approach by ANB to interest rates would help to reduce the exchange rates to a more traditional level of sub-parity with the USD.
Glendinning1955 8 months ago