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Buy Hold Sell: 7 ASX names set to thrive amid lower rates

The RBA meets next month, with the decision due on 20 May. Regardless of what happens with the election and despite this week's slightly hotter-than-expected inflation print, a rate cut is "locked in" according to Westpac. Many in the market agree. And whilst some believe it is the last cut we could get for a while, the market is pricing in up to three more cuts for the rest of the year. Should these cuts materialise, there is a cohort of capital-intensive and consumer-facing businesses that could benefit from lower debt costs and increased disposable income. Of course, this outlook needs to…

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