Table: How Australian Economy Performed Since Feb Meeting
March 5, 2012
RBA meeting coming up. Here’s a table on how the Australian economy performed since the last monetary policy meeting in Feb. As you can see, there has been as much improvement as disappointment but the pullback in manufacturing and service sector activity is particularly worrisome. Market is pricing in 50bp of additional easing from the RBA this year and based on recent data, the RBA will need to remain dovish
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Posted in Australian Dollar, Reserve Bank of Australia, reserve bank of australia intervention
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March 10th, 2012 at 2:51 am
[...] Kathy Lien has a neat table reviewing the performance of the Australian economy. [...]
March 11th, 2012 at 12:44 am
hi kathy,
if i’ll like to track the economic data for the Japanese economy, what are the data that i should be or should not be following?