If banks are cutting deposit rates, will lending rates follow?

The Money Puzzle, with James Kirby

The big banks have jumped the gun, putting through hefty cuts on deposit rates before the RBA has even conceded that official rates can move lower.Money markets dictate money prices: If they are right, the rate cut you have been expecting is just around the corner.

AMP economist Diana Mousina joins wealth editor James Kirby.

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In today's show, we cover

• Rates finally drop - but not for borrowers
• * Why are my council rates rising if prices are flat?
• * Can childcare stocks ever be viable for retail investors?
• * The FIRE movement returns fire

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