Wednesday, May 8, 2013

Interest rates still falling, more to go - AMP Capital's Head of Investment Strategy and Chief Economist, Dr. Shane Oliver.


Key points


  • The Reserve Bank of Australia (RBA) has cut interest rates again and they are likely headed even lower, probably to 2.5%. Global interest rates also appear to be remaining low for an extended period.
  • Low and falling interest rates mean low and falling bank deposit rates. The chase for yield will continue.


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