RBA Gov Lowe delivered a speech that was widely interpreted as locking in a 25bps rate cut in June. The
The April employment report revealed a slackening of the labour market — and is probably enough to get a 25bps
The Australian Q1’19 Wage Price index again printed at 0.5%q/q (2.3%y/y). This is the 11th print in the ~0.5%q/q ballpark
I must admit to being a bit stunned by the RBA’s May SOMP. There were a number of elements that
RBA Shadow Gov. Terry McCrann has published (what looks to be) a backgrounded story explaining the RBA’s post meeting statement.
Against my expectations, the RBA left their policy rate at 1.5% today. My main lesson from all this is that
My argument for a May rate cut by the RBA basically boils down to the observation that inflation is very