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Toohey: Interest rates to crash

May 27, 2025 - 12:30 -- Admin

Here comes the bear doves, via The AFR: Tim Toohey was the local chief economist at Goldman Sachs for more than a decade. Now at major money manager Yarra Capital, Toohey said he expected five quarter-point rate cuts, to 2.6%, by August next year. Toohey said he had two reasons for this unorthodox position. First,

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