RBA surprises with a hold, NAB still sees cuts in August, November and now February
Insight
NAB’s Global and Australian Forecast provides a monthly snapshot of NAB’s global and domestic economic outlook. Global economy still slowing with softening across advanced and emerging economies. Growth set to pick-up in 2013 as worst economic risks averted. Australian economy still drifting through soft patch with falling commodity prices now weighing on mining. But investment […]
NAB’s Global and Australian Forecast provides a monthly snapshot of NAB’s global and domestic economic outlook.
Global economy still slowing with softening across advanced and emerging economies. Growth set to pick-up in 2013 as worst economic risks averted. Australian economy still drifting through soft patch with falling commodity prices now weighing on mining. But investment and exports outlook still solid. Overall outlook remains robust enough to avoid need for further rate cut.
For further analysis download the full report.
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