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

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Earlier from the RBA: