Ricardo

RBA on hold at 4.25% in Feb

Last night’s EU PMI data (which suggests EU growth may have hit the nadir in Nov) and today’s Q4 AUD

The fed has released the blank template for its rate forecasts. Significantly, it goes out to 2016, which suggests there

The Dec labour market report is a mixed bag. The unemployment rate held steady at 5.2% (November was revised down

After describing both the November and December rate cuts as close calls, it is clear that the RBA would like

I deliberately spent the break away from work stuff – including reading work stuff, work-ish blogs, and blogging myself –

I had been thinking that the European crisis would focus minds at the Fed, and that we may therefore have

According to the FT, the HSBC China PMI for December was +1pt to 48.7pts. There is a meme out there

Polls suggest that the 76 year old Ron Paul may win Iowa. Surely, he’s too old to become president, however

Alan Blinder, former vice chair of the Fed, and Princeton Prof, has published the best op ed on what ail’s

EU Summit flops. The ESM is still EUR500bn; it will not have a banking licence; they could not agree treaty

the WSJ reports that central banks have begun to plan for what to do if the EUR falls apart.

The RBA today cut their target for the overnight cash rate 25bps to 4.25%, in what was one of the