Interest rate of 4.85 per cent is a little ‘too far’ from possibility

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Interest rate of 4.85 per cent is a little ‘too far’ from possibility
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InvestSMART Chief Market Strategist Evan Lucas says the cash rate reaching 4.85 per cent could be realised but is a little bit “too far” from being possible.

InvestSMART Chief Market Strategist Evan Lucas says the cash rate reaching 4.85 per cent could be realised but is a little bit “too far” from being possible. “I would say that one is probably locked in and the possibility of two is there before September,” Mr Lucas told Sky News Australia.

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