Westpac Chief Economist Bill Evans comments on this week’s consumer price index release, the annualised inflation rate, and the CPI impact on any potential move in interest rates in this short video.
Of course this is important for those interested in property investment. There’s some interesting information here about where interst rates may be heading . There is no immediate necessity to cut interest rates in the short term, but it is likely for rates to drop later in the year – maybe March.http://youtu.be/un3gfoWuqLk
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