Australia's largest fund manager says more RBA easing to come - cash rate cut, more QE
Shane Oliver is Head of Investment Strategy & Chief Economist at AMP Capital.
We continue to see the RBA providing additional easing beyond the expanded TFF
- a cut in the cash rate and 3 yr target to ~0.1%
- more dovish forward guidance (eg that it won't raise rates till inflation is sustainably in the target)
- and probably more definitive QE/bond buying
Earlier from the RBA: