Beware of robber banks (RB), bad advisors.
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RBA may have to wait a little longer for a cut
It is clear than when a central bank wants to send a message it changes its wording. This is what the RBA did at its previous meeting in April as policymakers judged that a rate cut is possible in case the unemployment rate trends up and inflation softens, expressing at the same time that the gradual recovery in inflation “has been taking longer than earlier expected”. While a slight pullback in the data is more or less acceptable, the Australian headline Consumer Price Index dropped materially in the first quarter of the year and below forecasts, from 1.8% y/y in Q4 2018 to a two-year low of 1.3%, raising ... (full story)
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- May 6, 2019 7:24pm May 6, 2019 7:24pm
- Not-KPMG
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- Edited 11:24pm May 6, 2019 8:04pm | Edited 11:24pm
- Expo33
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Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
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- May 6, 2019 10:27pm May 6, 2019 10:27pm
- Aussi
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IF,BUT,MAYBE,WHEN IT GETS TO, WAITING FOR
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- May 7, 2019 4:00am May 7, 2019 4:00am
- kuroro001
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COT: The precious data ignored
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- May 7, 2019 4:33am May 7, 2019 4:33am
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IF,BUT,MAYBE,WHEN IT GETS TO, WAITING FOR
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- May 7, 2019 6:45am May 7, 2019 6:45am
- kuroro001
- Joined Jul 2007 | Status: Member | 180 Comments
COT: The precious data ignored