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11 of 48 economists polled by Reuters expect a cut of 25bp next Tuesday

Discussion in 'Property Market Economics' started by Waterboy, 29th Apr, 2016.

  1. Waterboy

    Waterboy Well-Known Member

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    • 11 of 48 economists polled by Reuters expect a cut of 25bp next Tuesday
    • 37 of them say 'on hold' next week's meeting (Maths?)
    • Reuters add that a majority of those polled expect a cut by December.
    • What? There are 48 economists watching the RBA? Too many wasted people.
     
  2. Aaron Sice

    Aaron Sice Well-Known Member

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    Wow! Under a quarter!
     
  3. S1mon

    S1mon Well-Known Member

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    no change imo..why wait 5 years for a house to gain 75% when you can gain it on a little bet (jokes people relax)

    Decrease by 0.01 to 0.25% $1.80
    No Change $1.75
     
  4. Foxy Moron

    Foxy Moron Well-Known Member

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    Wonder if Robert Gottliebsen was included in the survey ? In the paper today he was calling for the cut in order to bring the dollar down to below 70c. I reckon its coming on budget day.
    I guess there's many economists wanting the same - but that different from answering the question on how they think the RBA will actually act. 2016 is continuing to be a very interesting year.