I'm not economist but why were people so concerned about x amount of the population having their mortgages coming up for renewal at today's higher rates? When let's say, 40% of the population has experienced the higher rates and have effectively coped, it's fair to say the same should be fine for the remaining 60% (who are going to be experiencing that higher rate), no? I don't understand how this specific part of the population is factoring into the rate cut decision.
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