RBA ‘caught a lot of people off guard' with comments after rate cut
'Now, basically in the last 24 hours, pricing for the expectation of Christmas is for two with the possibility of three rate cuts to be done,' he told Sky News Australia.
'It would be a massive, massive boost ... if this comes to fruition – so, it's a big change and it's certainly caught a lot of people off guard with how sort of strong the wording to the downside it was.'
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