Posts tagged "reserve back of australia"

The prices quoted on the Australian Securities Exchange implied a 52% probability of an increase in the Reserve Bank cash rate next Tuesday and a 48% probability of no change.

What if the Reserve Bank achieves something truly remarkable – a steady decline in inflation without further interest rate increases, and without bringing on a recession?

If, like me, you’ve been a bit pessimistic about the prospects for economic recovery, then this week’s economic data must have convinced you…