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Traders are now fully priced for the RBA to reduce the cash rate by a quarter of a point in May, up from a 70 per cent chance before Trump’s “liberation day” tariffs.They now expect a total of 90 basis points of easing over the next 12 months, the equivalent of between three and four reductions.
Traders are now fully priced for the RBA to reduce the cash rate by a quarter of a point in May, up from a 70 per cent chance before Trump’s “liberation day” tariffs.
They now expect a total of 90 basis points of easing over the next 12 months, the equivalent of between three and four reductions.
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