MBL on the RBA - looking for further cuts, all the way to 1% for the cash rate

Bloomberg with the quick headlines

  • Forecast cuts in August this year, then May and August of 2017
  • Macquarie says the AUD needs to decline further
  • See 65 cents before it bottoms
  • See the yield on 10 yrs to just below 2% in the 2017/18 fiscal year