Interest Rate Cuts Confirmed But There’s a Catch

[@itsonlyafl3shwound]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson

[@chriskranz6488]

You are correct, we also wish we had 30 year fixed loans....I wish I lived in the US!

[@Trying391]

Interest rates are to low 😂

[@aaronoflaherty1341]

Hello Nero What's negative about deflation? I would have thought that would make it easier for the average Joe and Jane

[@greggoldberg1518]

Third I guess. Deflation won't happen when the Fed has higher interest rates than us, it isn't a risk so they aren't even going to consider it. We aren't going to fall under the band, our currency has lost over 10% of the value since December the 10th. It only dropped a few percent in response to the speculation on rate cuts, it dropped over 10% from the announcement of possible tariffs against China's economy. You know our AUD is reflective of their economic conditions, Japan raised rates as a response because they are directly tied to the Chinese economy as well and our unemployment is still extremely low. We aren't in the same position as Canada, we are way more vulnerable to the international economic conditions being pushed onto our domestic economy due to how much of our GDP is mining. Even if it was inside the band, we probably wouldn't cut in February. We shouldn't cut in February, you are neglecting the RBA meeting notes from February where they assert that inflation will rebound when the government relief from the cost of living expires and they have even excluded the volatile inflation that occurred late in the quarter.

[@rabidsminions2079]

I think the RBA will hold.

[@PaulEvans-f1y]

Lost me at 1:04min with quote annual inflation is at 2.4%. Someone somewhere needs a reality check.

[@Sr24255]

before i use my AC only upto 3 hours per day but now becoz govt is giving rebates i am using my AC for 8 hrs so whats happening here

[@matthewhugill4039]

Your video title trolled me 😂

[@lorgerdat]

Aussies need to realise that owning a property is not a right but a privilege, at least not a 4x2 with a backyard.

[@VeenaDevaya-e4x]

Your book link does not work!

[@SungHoAhn-ly4nh]

It all depends on which party the RBA aligns with-it's a highly political group.

[@Carloshernade]

Why are we so invested in this? Our banks won't be passing much onto us the customer at all

[@Sr24255]

its going to be only 25 base points in feb then march to july no change then one more cut before elections and if unemployment raise and inflation raise and gdp is slow they are not supposed to cut interest rates if they do its purely to impress people before elections

[@Sr24255]

good try

[@afterburner3999]

yOU nEED TO turn tHE graph upsidedown tO see tHAT unemployment is rising

[@gsman7097]

Wow right before an election

[@Tiago-qv9lr]

Second 😢

[@InvestmentRiseTV]

Still awesome. Thank you for your support

[@hlamaungomthang4755]

All of them are send to trump

[@afterburner3999]

Your Video Is NOT Working.

[@olympiakoschrysler8201]

First 😂

[@InvestmentRiseTV]

Congrats :-)

[@zenmachine50]

still the elephant in the room ... affordability. people have to buy the properties if they are going to take off and who is going to be able to do that? Take a $1m property and an average wage of $100,000. that buyer would then borrow 80% or $800,000 @ say 6% = $48,000 ... theoretically, you are not supposed to spend more than 30% of your income on accommodation. well 48% is a lot more than 30% now lets say rates were to fall by 1% so the interest rate is 5%. or $40,000. so here again 40% is much greater than 30% In fact mortgage rates would have to drop to 4% to $32,000 before buying a property would make any sense at all. And of course, that is just the interest on the loan and doesn't include paying off any of the principle. in fact I would go as far to say that property prices will probably only takeoff when buyers can put food on the table and start feeding their families.