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Home Loan Interest Rates May Drop
- May 25, 2010
- Posted by: admin
- Category: Finance News
No CommentsMarkets are now pricing in about a 20% probability of a rate cut in Australia by September. That of course is in response to the huge volatility in financial markets in response to the European crisis. They are harking back to the surprise 100bp rate cuts we saw in October and November 2008 in the aftermath of the
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April RBA Board Minutes: Central Bank Signals More Rate Hikes Ahead
- April 23, 2010
- Posted by: admin
- Category: Finance News
RBA March Board meeting minutes painted a very upbeat growth outlook for the emerging Asian and Australian economies in 2010 and beyond. The RBA sees local GDP growth running around trend, which is about 3.25%pa, with “inflation running around 2½%”, consistent with the medium target over 2010. Further out, the RBA does not discuss the