Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist, AMP Capital.
This article talks about the negative rates, QE & other measures the RBA may deploy :
The key points are as follow :
The RBA is likely to first exhaust conventional easing by cutting the cash rate to 0.5% by year end before deploying unconventional measures beyond forward guidance which is already being used.
Unconventional monetary policy measures could help the economy, but negative interest rates are unlikely and quantitative easing would be most effective and fairest if combined with fiscal stimulus.
For investors it means low interest rates for even longer.