According to analysts at Rabobank, the chances that the RBA will cut the cash rate again from its present level of 0.75% are high and such move would begin to shift the risk of QE into the sightline. Key quotes “Governor Lowe has been very candid about the type of unconventional monetary policy that the RBA could use if the 0.25% threshold in the cash rate were reached.” “The low level of wage inflation in Australia will be a contributing factor in household incomes. According to the OECD, Australian real household disposable income fell -0.1% q/q, -0.8% y/y in Q1 2019, which puts it to the back of the field of OECD countries. “ “The low level of enterprise bargaining agreements, a broad-based decline of employees being promoted and an increase of labour supply stemming from a much higher participation of women and older workers in the labour pool were all cited as contributing factors.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Crude Oil Price and Forecast: WTI bounces-back above $58 amid trade headlines FX Street 3 years According to analysts at Rabobank, the chances that the RBA will cut the cash rate again from its present level of 0.75% are high and such move would begin to shift the risk of QE into the sightline. Key quotes "Governor Lowe has been very candid about the type of unconventional monetary policy that the RBA could use if the 0.25% threshold in the cash rate were reached." "The low level of wage inflation in Australia will be a contributing factor in household incomes. According to the OECD, Australian real household disposable income fell -0.1% q/q, -0.8% y/y in Q1… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
