All eyes are on the Reserve Bank this week, with a few different guesses over what they’ll say and do. The variety of opinions reflects a lot of twists and turns in the last couple of months. Financial markets got excited about the possibility of impending interest rate cuts late last year after weaker GDP data emerged. Wholesale swap rates, which feed into the pricing of fixed mortgages, plunged as much as 1.3 percentage points, and forecasters brought forward their expected timing for the first reduction in the official cash rate. But over the last month, markets have reversed more than half the decline in ... (full story)