I posted up a preview of the Reserve Bank of Australia meeting on Tuesday (April 5), here
Some more 'what to expect' comments ...
Commonwealth Securities chief economist Craig James says on the improving jobs market (Job vacancies highest in over three years) - a support for both retail spending & housing activity:
- "But it also means that there are even fewer reasons for the Reserve Bank to even be thinking about cutting interest rates"
Also, from a different part of CBA ... Commonwealth Bank of Australia senior economist Michael Workman, on yesterday's 'business credit' data (+6.5% on the year, close its fastest since the GFC):
- "Annual growth is gradually rising which could indicate a greater willingness to borrow and invest by corporates,"
