Steve Mickenbecker Crystal Ball on Aussie Dollar and RBA Interest Rates on 101.5 2019-01-18
Steve Mickenbecker joins us on air from Canstar and its crystal ball time to review what is likely to happen in 2019 with respect to our Australian Dollar and The Reserve Bank Of Australia Interest Rate decisions this year.
Volatility in the world trade wars, the influence of China and the moves it makes this year will factor heavily on both this year.
For Interest Rates wages growth, any hint of inflation, jobs , balance of payments the GDP are all factors. So what we thought perhaps a rate rise in 2018 never happened, this years revision appears likely steady as she goes with the same interest rate but a possible reduction is still on the cards.
From here lets see what happens.