We are just hoping the export sector kicks into growth during 2006. Improvement in the trade deficit has been a long-time coming.
More Quotes from Stephen Koukoulas:
Underlying inflation is still sufficiently strong for the RBA to maintain a fairly strong bias to increase interest rates in the months ahead, although the urgency for a rate rise is not yet extreme.Stephen Koukoulas
Any hopes that the Reserve Bank could hold off raising interest rates have been dashed, ... If the bank is going to contain inflation in 2006 and 2007, they have got to keep raising rates.
Stephen Koukoulas
A mid-year interest rate cut is looking less likely. We had forecast a rate cut in July. That's looking a lot shakier after today's number.
Stephen Koukoulas
The credit data, together with the TD-MI monthly inflation gauge for October suggest the Reserve Bank will leave interest rates unchanged,
Stephen Koukoulas
I'm always worried with the consensus being unambiguously strong and unrelenting in the view they hold. But at this stage, maybe it's so obvious that the consensus may be right.
Stephen Koukoulas
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.
Stephen Koukoulas
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Based on Topics: Business & Commerce QuotesI don't think he's permanently affected me except in the sense that I miss him. I miss being him. Or trying to be him. He is one of a gallery of characters that have had an impact on my career and therefore my life.
Derek Jacobi
His modesty amounts to deformity.
Margot Asquith
All that you may achieve or discover you will regard as a fragment of a larger pattern of the truth which from the separate approaches every true scholar is striving to descry.
Abbott L. Lowell