AUSTRALIAN ECONOMY: inflation data last week did little to alter our monetary policy outlook although supported our conviction that further rate cuts are unlikely. ‘Underlying’ inflation appears to have been near the middle of the RBA’s 2-3% target band in six-month-ended annualised terms. There was little in the detail to alter our ‘middle of the […]
AUSTRALIAN ECONOMICS & MARKETS DIGEST 29 JULY 2014 WHAT WE ARE WATCHING • In Australia, it’s a quiet week with just building approvals, RBA credit and house price figures due. Next week we get labour force and the RBA’s quarterly forecast update. • Overseas, it’s a busy week. In the United States we have the […]
AUSTRALIAN ECONOMY: inflation data last week did little to alter our monetary policy outlook although supported our conviction that further rate cuts are unlikely. ‘Underlying’ inflation appears to have been near the middle of the RBA’s 2-3% target band in six-month-ended annualised terms. There was little in the detail to alter our ‘middle of the […]
