This podcast episode delves into the latest movements in the Australian financial market, focusing on why the ASX has reached a three-month high.... We explore the dominant factor driving this rally: the high expectation of interest rate cuts, both from the US Federal Reserve and particularly the local Reserve Bank of Australia.... With markets pricing in a very high chance of a 25 basis point RBA cut in May..., we discuss the impact on different sectors like property and healthcare, which have seen strong gains.... We also look at a major bank's call that Australia has "beaten" inflation and their forecast for further rate cuts this year.... Find out how these anticipated changes are creating pressure for savers as banks trim rates..., while potentially offering opportunities for mortgage holders amidst increasing competition among lenders.