RBA – ricardian ambivalence

Don’t give up on a May RBA cut

The decline of the unemployment rate to 4.9% in February caused the market to substantially reduce the implied probability of

The annual revisions to GDP, and a weak 0.3%qoq in Q3 , mean that the GDP boom of H1’18 has

The RBA has set things up to resume the easing cycle that began in 2011 (I never believed in the whole ‘neutral’

The Sun’s Terry McCrann has published a great column on the nomination of Yellen and what it might mean for

There was some confusion about core CPI yesterday, thanks to the divergence between trimmed mean CPI & weighted median CPI

The Q2 CPI result came in around where i was expecting, with headline CPI a little higher (it was 0.4%q/q

Today we have Australian Q2 CPI. My best guess is that Q2 headline CPI will be around 0.25%qoq, which will

Following last week’s Q1 National Accounts, I cheekily suggested that the domestic economy was in recession. Many of my peers

Last week’s capex report was both keenly anticipated and the source of much confusion. It was keenly anticipated, as it’s

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

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)