Prediction for the Reserve Bank - Cut rates 0.25%

Gutsy prediction this, but the Goat-a-meter still thinks things are pretty bad. Inflation expectations have dropped into the low twos (2.16%), Commodity prices have also dropped. On the plus side (comparatvely speaking), unemployment has increased but still pretty low.
If I was the reserve, I would be thinking of dropping another quarter of a percent.But then again, they may be adopting a wait and see approach. I guess we will see this afternoon!