Huge Australian fund manager says next RBA rate move "may be down rather than up" - ConsultFX

Huge Australian fund manager says next RBA rate move "may be down rather than up"

AMP Capital Head of Investment Strategy and Chief Economist Dr. Shane Oliver "There is some risk the Reserve Bank might have to cut interest rates again," says Oliver. "We are seeing home prices come off again in Sydney and Melbourne and obviously that will have a negative wealth effect."