Could BREXIT Impact Our Interest Rates

Could BREXIT impact our interest rates?

Realistically, we don’t think that anyone could accurately answer this question, however, the chart below indicates the RBA Board may be in a mood to cut the cash rate again.

Although it appears a decision to cut rates is unlikely next Tuesday, the ASX futures market is predicting a 70% chance of a 0.25% p.a. cut in August.

This chart is updated daily. If you would like to keep an eye on this market’s sentiment, it is not a bad idea to bookmark the following link.

ASX 30 Day Interbank Cash Rate Futures Implied Yield Curve

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