RBA holds; bring on Lowe-flation
Against my expectations, the RBA left their policy rate at 1.5% today. My main lesson from all this is that
macro, politics, markets, ambivalence
Against my expectations, the RBA left their policy rate at 1.5% today. My main lesson from all this is that
My call that the RBA would cut rates in May was originally a little speculative — but following the Q1’19
The slow pace of inflation in Q1 makes a very strong case for a 25 bps reduction of the RBA’s
The case for the RBA to cut their cash rate at their 7 May meeting has been beaten up by
The IMF today downgraded global growth 20bps to 3.3%yoy (lowest since GFC), and said that the risks are skewed to
The RBA made a subtle change to their concluding paragraph of their April post-meeting statement last week. Given that they
The RBA today set up for a rate cut on 7 May. After thirteen months in a row where they