Bloomberg with the headline on JPM's forecast

JPM citing a weak CPI to look for rate cuts and a lower AUD

  • See RBA cash rate at 1.5% by the end of 2016, with the AUD/USD at 0.7000
  • The AUD to 0.6500 by June of 2017

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I reckon we'll need to see a rate hike or two from the Fed for that 65 cent call to happen. Still, 13 months away is too far for my crystal ball.

Anyone ever heard this?

  • "Our main business is not to see what lies dimly at a distance, but to do what lies clearly at hand."

Works for me.

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more from JPM:

  • See cash rate at 1% in the first half of 2017