As I speculated last Monday, the June quarter CPI report gave the Governor enough ammunition to act. The Reserve Bank said a rate cut will create “room for even stronger growth” as the inflation rate is set to remain below its target range and risks in the housing market abate. Read more.. The Reserve Bank … Read More
Rate Cut or Not ?
Hi Everyone Commentators are divided as to the likelihood of the Reserve Bank of Australia announcing another interest rate cut in August, especially in light of the June Quarter CPI report that has just been released. I believe the RBA has sufficient data to warrant a cut to 1.50 % but can also see a … Read More
“Where to the Aussie dollar”
Hi Everyone, This is still a quandary for most observers as it is both a volatile and highly traded currency. It is also important for investors in the Australian property market as the strength of the currency will have a significant bearing on the course the Reserve Bank of Australia takes with monetary policy in … Read More