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RBA governor hoses down speculation of 2015 rate cut

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Australian Broker | 15 Dec 2014, 08:21 AM Agree 0
The governor of the Reserve Bank of Australia has hosed down speculation of a cash rate cut next year
  • Patrick | 15 Dec 2014, 09:30 AM Agree 0
    RBA does not "change its spots mid stream". So no rate cut early 2015, but if economic conditions worsen, watch for a change it the rhetoric to something like "there appears to be a need emerging requiring some monetary policy stimulus" this will mean a rate cut might be coming within 1 to 2 months. Current "stability" program means not up not down in the foreseeable future.
  • Papery | 15 Dec 2014, 10:12 AM Agree 0
    When things change direction they often change suddenly, unexpectedly & dramatically. I'm sure there will much more nervousness & speculation following Joe Hockeys announcements over the weekend.
  • Agus Nurhalim | 02 Feb 2015, 09:25 PM Agree 0
    For some time, RBA keep the notions "period of stability". In light of recent turmoil of Oil Price and ECB move, it help lower their currency into "reasonable level". So, i will ask myself, "will i, in this position, added another stimulus to lower the currency?" I don't think so. Pressure come from housing sectors, to boost the moderate growth. But it is not really compulsory, isn't it?
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