Rates in US could be ‘ready to fall’ from June

There has been a lot of speculation in the US press and markets that rates are ready to fall from June this year, according to Sky News Business Reporter Edward Boyd. The US Federal Reserve will meet on Wednesday to release its decision on rates. “For Australia, the expectation is September, perhaps a little later this year, we will see rate cuts from the RBA,” Mr Boyd said. “But the US Fed, there is a lot of hope that rates will start to go down around that month of June.” Mr Boyd also noted that inflation is becoming more of a challenge in the United States compared to Australia.