February interest rate cut calls strengthen as ASX hits a record

Each of the big four bank are now predicting the Reserve Bank will cut official interset rates for the first time since November 2020, so SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster to find out more. Plus, Ben Clark from TMS Capital goes through the day's market action as the ASX200 hits another record.

Each of the big four bank are now predicting the Reserve Bank will cut official interset rates for the first time since November 2020. Credit: SBS

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