Stephen Koukoulas
Stephen Koukoulas
bank credit gauge inflation interest leave october rates reserve suggest together
The credit data, together with the TD-MI monthly inflation gauge for October suggest the Reserve Bank will leave interest rates unchanged,
bank forecast inflation middle pressures raise rates reserve works year
We forecast the Reserve Bank will raise rates by the middle of the year as it works to damp inflation pressures that are still pronounced.
case clearly flow global hike increases inflation interest raising rate rates rest
The case for a rate hike is clearly much stronger. The rest of the world is raising interest rates and global inflation rates are edging higher. Fuel-price increases will flow through to inflation.
ahead attention australian dollar higher inflation market mean months move paying prospect risks
The market hasn't been paying enough attention to inflation risks as it should. The prospect of an interest-rate move higher in the months ahead will mean the Australian dollar will find some friends.
attention inflation market paying risks
The market hasn't been paying enough attention to inflation risks as it should.
currency demand highest interest rates
Some of the highest interest rates in the world keep demand for the currency strong.
deficit export growth hoping improvement kicks sector trade
We are just hoping the export sector kicks into growth during 2006. Improvement in the trade deficit has been a long-time coming.
growth investors means momentum money offshore
Growth momentum means offshore investors want to put their money in Australia.
adding clearly currency dollar external harder love
Bollard is clearly frustrated. The kiwi dollar is too strong, adding to external imbalances by making it harder for exporters to compete. He would love to see the currency falling.
adding clearly currency dollar external harder love
Bollard is clearly frustrated, ... The kiwi dollar is too strong, adding to external imbalances by making it harder for exporters to compete. He would love to see the currency falling.
amount consumer huge resilience side
There is still a huge amount of resilience in the consumer side of the economy,
australian demand fans global incredibly strong
We're short-term fans of the Australian dollar. The global demand for commodities is incredibly strong because of the global economy, which is doing very well.
account current exports generate pickup seen
Australia's current account is still at an uncomfortable level. We haven't yet seen the big pickup in exports we need to generate a narrowing in the current account.
build clearly coming ensure further obliged pressures risks seeing time
Clearly they are seeing inflationary risks coming through, and they feel obliged to ensure that inflationary pressures don't build further some time down the track.