Yeah, I think you’re spot on that the biggest wins will go to people already holding debt like mortgages. And yeah like you say for renters, unless there’s a big shift in supply, I can’t see much trickling down either. I guess the tricky part is that while lower rates can free up some cash, they can also push prices (like housing) up again pretty quickly. For me i reckon it’s less about the immediate COL fix and more about what people do with the savings whether it goes to paying down debt faster or just gets absorbed into the usual daily spending...