RBA – Page 10 – ricardian ambivalence

Q4’12 Australian CPI — Low enough for a cut

The Q4’12 inflation data was a little lower than most expected, with the core ~0.55%qq (mkt median was ~0.7%qq). This

It seems to have become common wisdom that Iron Ore’s whizz up to USD170 per tonne means that there is

Prior to the RBA’s 4 December meeting, I figured that a 50bps cut was a higher probability than a 25bps

The market traded like it was short following the better than expected jobs data. At least that is one view

First of all, I need to acknowledge my bad forecast for headline real GDP — I had guessed at +0.25%q/q

The RBA cut their target overnight cash rate 25bps to 3%, as was widely expected prior to the meeting (the

I am very late to the December meeting debate, save for my observation following the Nov meeting (which i got

Macrobusiness has an interesting article on the potential for Asian gas prices to converge to US prices. My guess is

My friend, Chris Joye, today published a note on what he thought of some of the Q+A with RBA Gov

The RBA just released a wonderful RDP, which looks at historical forecast accuracy of the RBA’s SMP projections. I love

I was wrong about the RBA easing in November. The RBA held their policy rate steady at 3.25%. In doing

I have been fairly strident about the need for lower rates — ignoring some of the commentators that are generally