"Fearless Predictions" - Mark Bouris & Stephen Koukoulas - Clip

Clip from the full podcast - https://yhomeloans.com.au/videos/they...

Kouky & Mark discuss the future direction of interest rates in Australia and the similarities in the economic behaviour of various countries.

1. Predictions for the upcoming Melbourne Cup day interest rate decision - no change is expected.

2. Forecasts for 2025 - the RBA is expected to cut interest rates by 50-100 basis points as inflation and unemployment reach their targets.

3. Comparison of the timing of interest rate hikes and cuts between Australia and other countries - Australia tends to be a bit slower in both directions.

4. Globalization has led to increased synchronization of economic trends across countries, with similar consumer responses to factors like inflation and interest rate changes.

5. The discussion suggests the RBA may start publishing individual members' votes, which could provide insights into the diversity of views within the central bank.

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