• Why Australia May Actually Be Cutting Interest Rates Soon

    9 days ago - By ETF Daily News

    From Franklin Templeton Investments : In 2017, the Bank of Canada and the Bank of England joined the US Federal Reserve in raising interest rates from at or near record lows.
    However, Chris Siniakov and Andrew Canobi of Franklin Templeton's Australian Fixed Income team say the Reserve Bank of Australia will likely take a more cautious approach because the country's households are struggling. In fact, the next step could be a rate cut.
    As economic growth strengthens in many parts of the world, some prominent central banks are switching to a more hawkish policy. This year, the Bank of Canada...
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