With September quarter inflation data showing trimmed mean rising by 1 per cent, considerably higher than the Reserve Bank of Australia's forecast, a near-term rate cut is unlikely, but that doesn’t mean the book should be closed on cuts.
They also explore:
- The US Federal Reserve making the decision to cut rates despite having limited data due to the government shutdown.
- Why the AI boom is based on solid foundations even as it shows signs of frothiness.
- The argument for a rate cut to back the labour market.
