Westpac economist sees possibility of RBA raising rates by more than 25bps

Yesterday we had the ANZ CEO on radio saying that in his opinion the RBA that raised rates too early and today its Bill Evans of Westpac on the airwaves trying to get his opinion heard. He feels that the last 100 bps cuts were too far too fast and that the RBA will look to regain those quite quickly. Looks like Tuesday might be an interesting day and if we can pick the winner of the Melbourne Cup then all the better.