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Market News Topics
November 22, 2018 01:43 GMT
VIEW: ANZ "still think the RBA will not hike....>
RBA
- Bonds & Currency News | Market News"
>
- Bonds & Currency News | Market News"
>
RBA: VIEW: ANZ "still think the RBA will not hike rates while housing prices are
falling. Although households and the economy more broadly have absorbed falling
housing prices quite well, we think the RBA will be cautious about adding to the
downside risks by tightening while housing prices are under a reasonable degree
of downward pressure. We see housing prices as entering a broadly stable pattern
by early 2020. As a result, we now expect that the RBA will hike rates in August
2020 as evidence accumulates that the downturn in housing is coming to an end.
Earlier is possible if house prices stabilise sooner than we expect."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
To read the full story
Close
Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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