Comments from an Australian fund manager up on Bloomberg overnight
BT Investment Management's head of fixed income Vimal Gor, from an interview last week
- Expects AUD strength to weigh on the economy
- Will prompt at least 50bp of RBA rate cuts
On timing of cuts:
- "the second half of the year looks much more likely than a cut in the first half"
More on the AUD:
- looking for opportunities to bet on a decline
- Says it could climb toward 80 cents in the short-term
Article is here at Bloomberg