The Reluctant Rate Cutter Leaves Policy Unchanged but Maintains Easing Bias
At its first meeting for 2016, the RBA Board left the Overnight Cash Rate unchanged at a multi-decade low of 2%, as widely expected (see chart). ...
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AmpGFX -Â RBA Tilts Dovish
The RBA has tilted policy more dovish. It sees “reasonable prospects” compared to December where “prospects had firmed”.It hinted it will be...
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AmpGFX -Â Super-Tuesday for AUD and NZD
On Tuesday, Fonterra’s GlobalDairyTrade biweekly dairy auction results are released around 14:00 to 15:00 GMT, the Q4 New Zealand labour data is...
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AmpGFX - RBA May Outline a More Dovish Agenda
The base line view of many economists and commentators is that the RBA statement does not need to change much, and the RBA can stick to its current...
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Tame CPI Data and Market Volatility Unlikely to Sway the Reluctant Rate Cutter
Australia's December quarter CPI confirms that inflation remains benign and that the inflation outlook does not pose an obstacle to further...
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