Just a quickie with a few comments from economist outlooks for the RBA from around the place
ANZ senior economist Justin Fabo:
- "Rates are on hold until well into 2017 when the RBA may start to raise them again"
- "The risks are tiled towards maybe a bit of monetary easing in the next few months but we're confident rates will be untouched for the next six."
Macquarie:
- "The growth and inflation outlook suggests the RBA sees no threat of a rate hike until at least 2018"
- We remain of the view that the economy is likely to evolve in a way that warrants additional monetary policy support. Rate cuts are coming, but later."
Via Fairfax