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RBA to Take Its Foot Off the Accelerator?

RBA to Take Its Foot Off the Accelerator?

The RBA will probably cut rates by 75 bps to 3.5% at its next meeting, says Clifford Bennett, chief economist at Kinetic Securities, following the sharp fall in Australia's fourth-quarter CPI. CNBC's Amanda Drury & Sri Jegarajah ask him how this will impact its currency.

CNBC | January 28, 2009Watch more videos from CNBC

Tags:. .rba. .bps. .clifford. .cpi. .kinetic

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