This prediction could be wrong. For the first time in two months, the Goat-a-meter is pointing to the negative as far as interest rates are concerned....but only just.
Because of the small amount of negativity, I believe the Reserve will hold their fire this time, but if there is a second negative month, I will definitely be predicting a cut next month.
Anyway, the goat is going out on a limb here. Every economist seems to be pointing to a cut this month. It will all depend on the business people on the board.
Which brings me to the board. Who would be voting....
Glenn Stevens (Economist)
Philip Low (Economist)
Martin Parkenson (Government)
John Akehurst (Energy)
Jillian Broadbent (Retail)
Roger Corbett (Media, Pharama, Retail)
John Edwards (Academic)
Heather Riddour (Business)
Catherine Tanna (Gas)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment