- This topic has 3 replies, 3 voices, and was last updated 5 years, 6 months ago by TradersCom.
- 06 Sep '17 at 12:45 am #11585Assistanc3Participant
[article]182[/article]13 Sep '17 at 6:06 am #11691TrumanParticipant
National Australia Bank revising Reserve Bank of Australia monetary policy outlook
From expecting 2 more cuts to now:
25bp rate hike in August 2018
25bp rate hike in November 2018
And two further in 2019
GDP and investment data have seen us revise our forecasts lower for unemployment, and slightly increase our forecasts for GDP growth and inflation
While we remain cautious about aspects of the economic outlook, we now believe the labour market will strengthen enough to allow the RBA to remove some of the emergency stimulus currently in place.20 Sep '17 at 1:10 am #11846Assistanc3Participant
Reserve Bank of Australia may fall into the same trap as Canada
trying to make a rising rate environment when the Fed is not
raising rates when the Fed is not puts export currencies in a bad spot
while unlikely to induce a recession, investments will look elsewhere20 Sep '17 at 1:35 am #11850TradersComKeymaster
One gets the sense the Fed at one of the G-20 meeting saddled up and said what they would do and never have putting Australia and Canada in a bind but hey they would never do that would they.
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