In the view of Goldman Sachs’ Australia Chief Economist, the Reserve Bank of Australia (RBA) rate cut Is likely but the central bank will refrain from rolling out a quantitative easing (QE) program. Key Quotes: “Expect a material pick-up in aggregate private demand, which will more than make up for a tapering off of public demand. The recent turnaround in dwelling prices to help housing-related consumption growth rebound. Moderate lift in mining investment. RBA to cut another 25sps (take the cash rate to 0.5%). Market talk of QE will persist but it’s unlikely at least next year.” 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 China Stats Bureau Revises 2018 GDP Higher By 2.1% FX Street 3 years In the view of Goldman Sachs' Australia Chief Economist, the Reserve Bank of Australia (RBA) rate cut Is likely but the central bank will refrain from rolling out a quantitative easing (QE) program. Key Quotes: "Expect a material pick-up in aggregate private demand, which will more than make up for a tapering off of public demand. The recent turnaround in dwelling prices to help housing-related consumption growth rebound. Moderate lift in mining investment. RBA to cut another 25sps (take the cash rate to 0.5%). Market talk of QE will persist but it's unlikely at least next year." 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.
