Prediction for Reserve Bank - Decrease interest rates by 0.25%

It's that time again. The Goat-a-meter is still leaning towards the negatives...if anything, negative sentiment has increased since last month. Inflation expectations are not high, and while employment is holding up, the financial markets and the world economy are not not looking good.

However, I do believe it will be only a 0.25% decrease, rather than the 0.50% being bandied about by the punters.One would hope the reserve has learned it's lesson after last month. We will see.

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