INTEREST RATES MAY FALL BELOW US RATES IN 2017 — WILL THE AUD SLUMP?
NAB analysts say 2017 may be the year the Reserve Bank cash rate falls below US interest rates, and the last time this occurred the Australian dollar slumped as low as 48 US cents.
There has only been one period in…
Read more at: http://www.abc.net.au/news/2016-12-30/rba-fed-cash-rate-aud/8154142?section=business