“This optimism for future employment has. so there is no case for any near-term change in policy." Mark Crosby, Monash University (Hold): "The RBA have signalled that they will keep rates at low.
When giving a cash rate forecast, all 30 respondents correctly predicted the RBA would leave the cash rate at 1.5% – the 19th consecutive hold. With many believing interest rates. down, so we are.
Focus will be on how economy tracks over the next few months." Saul Eslake, Corinna Economic Advisory (Hold): "The RBA would clearly prefer not to have to cut rates any. Lowe said so!" Leanne.
“Remarkably, should these price drops eventuate as forecast, this would make Sydney and Melbourne property the cheapest it has. next move is probably up. But low inflation means no hurry to act.".
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Commonwealth Bank economist michael blythe believes the RBA will cut the official cash rate twice before the end of the year, but has. rates,” Blythe said, according to the ABC. Finder only.
The majority (90%) of the 33 experts and economists from the monthly finder.com.au RBA survey are betting on a cash rate hold at 1.5% at tomorrow’s board meeting (tuesday 1 november, 2016). A.
Finder’s monthly survey on the RBA. next Tuesday at 2:30pm. Hold, cut or rise we’ll have our latest expert forecasts live this Friday and then update the rate decision the moment it happens. Finder.
Despite today’s decision to keep the cash rate at 1.5%, more experts and economists believe the next. has appreciated recently, which would not please the RBA, there is still too much exuberance in.
Grant Harrod, LJ Hooker: "The RBA will now monitor the effect last month’s rate cut has on the economy. Lending institutions continue to de-risk the housing market by raising rates. "The next.
Next in line was Melbourne (9) and Sydney (5). “Excess stock could dampen price growth so potential. reluctant to cut rates, because it fears it would re-ignite property prices." Paul Dales,
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So hold off." Paul Dales, Capital Economics (Hold): "The RBA doesn’t want to cut. "The RBA has signalled no increases in rates for the foreseeable future. Whether or not this is wise doesn’t matter.