Gor: More rate cuts are just a matter of time
Vimal Gor, Head of Income and Fixed Interest at BT Investment Management, believes that global currency wars will remain in full swing through 2016 forcing the RBA to cut domestic interest rates further. In addition Gor believes that weak domestic GDP data and inflation that is persistently low will ultimately force the RBA to cut rates further. "I just think it's a matter of time, the view hasn't changed about whether they cut, it has just been pushed out further and further. The RBA seems very confident about where things are now but my view is that the environment is going to change moving forward… We know that if they do one they’ll most likely do more than that." Click on the image below to watch the full interview
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