Normal
The three previous cuts were all 25 points when inflation fell from 2.7 in June, to 2.5 in July, then 2 in August.When Forecast GDP growth for 2025 is 1.7%, and the majority of that growth is expected to come from government expenditure, and housing has tanked, it looks suspiciously like the CB was spooked.Mick[ATTACH=full]186484[/ATTACH]
The three previous cuts were all 25 points when inflation fell from 2.7 in June, to 2.5 in July, then 2 in August.
When Forecast GDP growth for 2025 is 1.7%, and the majority of that growth is expected to come from government expenditure, and housing has tanked, it looks suspiciously like the CB was spooked.
Mick
[ATTACH=full]186484[/ATTACH]
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