Opinion

Rate cuts might hurt, as well as help. What if this man didn't need to do as much?

By Gabriele Gratton
Updated July 2 2019 - 8:50am, first published 8:47am

There's a very good chance that later today the Reserve Bank will cut its cash rate to 1 per cent. Some predict more cuts by the end of the year, perhaps to 0.5 per cent.

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