ricardian ambivalence

Who’s winning the currency wars?

With the RBNZ yesterday confirming that they had intervened in the FX market to lower the value of the NZD,

With all the focus (and wound-licking) following the RBA, the trade data is a chance of being missed. This would

I hate being wrong, and I was wrong in size today — missing the RBA’s 13th rate cut since 2002.

The RBA meets today to talk about the 13th rate cut since 2001. Of the twelve prior rate cuts, this

The RBA meets for their regular monthly meeting tomorrow (on Tuesday 7 May), and the market is split evenly on

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

The April non-farm payrolls report surprised on the high side, with 165k jobs added (the bloomberg median forecast was +153k)

Looking through the April RPdata house price pack (note i seasonally adjusted the prices myself), i was struck by the

The May FOMC statement contained only a few tweaks. The main change was in the policy section, where the FOMC

THe FOMC concludes a two-day meeting on 1 May (NY time). There is, however, little chance that the FOMC will

The incomparable mark the ballot (also famous as mark the graph) has posted an update of the polls (aimed at

My judgement about the very short-term RBA outlook comes down to a judgement about the state of the Australian housing