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UBS says RBA rates will be 'lower for longer', 'new neutral' is 3% (not 5)

Discussion in 'Fundamental Analysis' started by ForexLive, Nov 4, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The Australian Financial Review carrying some points made by UBS after yesterday's cash rate decision from the Reserve Bank of Australia Australia's "neutral" cash rate, the level at which the economy can grow at trend without stoking inflation, has dropped from 5 per cent to 3 per cent since the global financial crisis

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