The Australian: Firm finish for ASX after RBA rate cut

The ASX surged to finish firmly higher on Tuesday, buoyed by a cut to the official cash rate.

Jacob Mitchell was interviewed by The Australian about the rate cut’s impact on the ASX.

“As expected, the RBA cut rates again, signalling more is required to stimulate domestic activity,” he said.

“This is not unique to Australia, with rates globally trending lower against a backdrop of slowing economic activity.

Click here to read the full article on The Australian

30 September 2019