RBA may Debate 50bps Cut at July meeting

By Sophia Rodrigues

Two weeks ago it seemed RBA would not cut the cash rate in July, let alone lowering it by 50bps. But I did suggest the RBA would debate 50bps cut at the July meeting. Now it appears that not only will the RBA debate 50bps cut, it is possible they might actually decide to cut 50bps and not just 25bps