DislikedOh dear .. We have ex RBA Board members trying to predict interest rate increases - 8 in fact in 2 years. There is nothing on the radar that sees the Australian economy that robust. Infact there is more likely of a chance the RBA will decrease rates. http://www.perthnow.com.au/news/west...d579b9115717d0Ignored
My my view is that commodities will continue to weaken on the back of a debt laden China and the usd that has been correcting lower will turn in a week or a month and trend much higher. The AUD will be in the 60s by November and the 50s next year. This will bring higher inflation and with the currency where the rba wants it they will have licence to raise rates.
Until the AUD falls materially there will be no rate hikes.
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