RBA surprises with a hold, NAB still sees cuts in August, November and now February
Insight
January 19, 2012
Difference over global outlook more apparent than real – January 2012
New World Bank projections show 2012 global growth slowing to only 2½%, well below NAB’s 3¼% forecast. The difference is largely illusory and reflects how forecasts are compiled. On a comparable basis NAB forecasts are slightly lower than the World Bank’s. For further analysis download the full report. Difference over global outlook more apparent than […]
- New World Bank projections show 2012 global growth slowing to only 2½%, well below NAB’s 3¼% forecast.
- The difference is largely illusory and reflects how forecasts are compiled. On a comparable basis NAB forecasts are slightly lower than the World Bank’s.
For further analysis download the full report.
