I believe interest rates are going to be on hold as far as the eye can see.
More Quotes from Craig James:
New construction is not keeping pace with demand, meaning that potential renters must compete harder for available properties.Craig James
Unemployment is low, wages are growing at a healthy pace and interest rates remain stable. Retailers have also played their part by discounting heavily.
Craig James
Increased confidence, a strong housing sector and low interest rates have got Australian consumers in buying mode.
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It is clear that the level of interest rates are at a sweet spot, neither serving to boost economic activity nor acting as a brake on growth.
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The US dollar rose on Friday, with investors believing that a rise in the key core PCE deflator will keep the Federal Reserve poised to lift interest rates.
Craig James
If it were to extend these sort of gains for the year, it would have 40 growth. Gains of that sort of magnitude just aren't sustainable.
Craig James
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