RBA – Page 8 – ricardian ambivalence

Uren says no RBA rate cut in May

The Australian’s Uren writes that the RBA is unlikely to cut rates despite the recent run of softer data. This

A key reason i do not think the RBA will ease their policy rate at their May meeting is that

As often occurs in the economist game, the data has started swinging back toward a rate cut. Following the soft

With Q1’13 CPI much lower than anticapited the obvious question is if the RBA will respond by cutting rates in

[note this is the third in a series looking at the indicators for Q1’13 Australian CPI: we have also looked

The RBA has an interesting article on GDP revisions in their most recent bulletin. This follows up on an awesome

The April RBA decision was another pause at 3% (last move -25bps to 3% in Dec’12). This was well anticipated

Today’s April RBA meeting is not of much interest for the decision itself. Futures markets imply a 9% probability of

After a period of calm, Eurogeddon is back. The current form is a Cyprus headache. While it is a surprise

Q4’12 GDP came in bang on the median expectation of +0.6%q/q 93.1%y/y), however it was a little lower than the

The March RBA statement contained only a few tweaks, and in many ways it was notable for what the RBA

The March RBA meeting has the feel of a ‘dead rubber’, with only 3.5bps of easing priced (a 14% chance)