On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
KPMG Chief Economist Dr Brendan Rynne says the “expectation” is the RBA will keep the cash rate on hold despite rate cuts in the US. The US Federal Reserve cut interest rates for the first time in ...