Search results

Bill, I meant what I said - garden variety inflationary pressures (as opposed to inflation) for the reasons previously stated. But what is garden variety inflation? Well, as you know the RBA aims to keep inflation at between 2-3% over the course of the business cycle (refer to the...

Whether they will actually "hold" their rates is debatable. I suspect not. As US consumer confidence grows and jobs are created, the economy will grow, inflation will kick in - and their interest rates will rise. But it should be remembered that starting from such a low base (1%), even a 400%...