CoinVoice has recently learned that Shane Oliver, Chief Economist at AMP Financial Services in Australia, stated that the Reserve Bank of Australia is expected to begin lowering interest rates in February. He indicated that the money market shows a 69% probability of a rate cut in February.

Oliver stated that the Reserve Bank of Australia should start cutting rates by May at the latest, and he expects at least three rate cuts by 2025. He remarked, "It is important to note that while Trump's policies may increase inflation and interest rates in the United States, these policies have ambiguous or even potentially negative effects on Australia's growth and inflation." Oliver added that the new committee is unlikely to change the interest rate path starting in March. (Jin Shi) [Original link]