Will the Reserve Bank of Australia cut interest rates by end of 2024? | Manifold

Will the Reserve Bank of Australia cut interest rates by end of 2024?

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Resolves YES if the Reserve Bank of Australia lowers the cash rate target at any point prior to Jan 1st 2025

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#Monetary Policy

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sold Ṁ0 YES

Resolves plz

@dezzao Seconded

@mods @chrisjbillington

@dezzao @chrisjbillington

https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/sep-quarter-2024

Inflation still very high, justifying a rate cut would be difficult

bought Ṁ250 NO

Inflation data came out today, it’s likely there’ll be a hike this year.

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