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Interest Rate Rise, will they or won't they?
- June 6, 2011
- Posted by: admin
- Category: Enconomy, Inflation, Interest rate, Wealth
No CommentsThe RBA has been at pains to emphasise that policy decisions are based on the medium-term outlook. More timely data on that outlook, such as the capex expectations, has highlighted the challenge from the mining boom remains. The reserve bank would be extremely brave to raise interest rates after one of the worst quarters in 20
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Interest rate hike likely mid 2011
- November 8, 2010
- Posted by: admin
- Category: Australian Dollar, Inflation, Interest rate
For the second consecutive month, the RBA has surprised the market and myself with its policy decision, raising the cash rate 25bps to 4.75%. I fundamentally believed that rates should be on hold until at least February due to the fragility of the consumer; housing and (non mining) business confidence. My concern is that while