There's growing speculation that the RBA will cut interest rates in May. In fact, CBA has gone as far as calling it a 'done deal'. But is that optimism premature?
No April Fool's Day surprises - and no relief for mortgage-holders - at the RBA's April board meeting. So can we expect a rate cut at the next meeting in May?
Mortgage-holders will be breathing a collective sigh of relief following the Reserve Bank Board's decision to cut interest rates for the first time in more than four years.
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