For the Reserve Bank, this is likely to significantly dampen any thoughts of rate increases going forward. With higher oil prices and a weakening housing market, employment growth should be much more moderate ahead. -Michael Every

 

For the Reserve Bank, this is likely to significantly dampen any thoughts of rate increases going forward. With higher oil prices and a weakening housing market, employment growth should be much more moderate ahead.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?



This quote is just one of 9 total Michael Every quotes in our collection. Michael Every is known for saying 'For the Reserve Bank, this is likely to significantly dampen any thoughts of rate increases going forward. With higher oil prices and a weakening housing market, employment growth should be much more moderate ahead.' as well as some of the following quotes.

For the Reserve Bank, this is likely to significantly dampen any thoughts of rate increases going forward. With higher oil prices and a weakening housing market, employment growth should be much more moderate ahead.

Michael Every
231

That was much worse than expected, and the underlying numbers look weak across the board.

Michael Every
213
The moderation is certainly very slow in arriving, even allowing for the usual lag in data, and these sectors' problems are clearly being mitigated by a pick-up in business investment and commodity exports. -Michael Every
201

The residential housing market is well off its peak now. The Reserve Bank remains on hold for now with domestic demand moderating.

Michael Every
199

With the import side holding up more strongly than exports for now, the Reserve Bank is unlikely to respond with lower interest rates in the near term.

Michael Every
191
Since the Reserve Bank of Australia raised rates in March, the housing market has just been going sideways. Rates are on hold until the third quarter of this year. -Michael Every
168

They are concerned about inflation first and foremost but they already know that was going to happen because of petrol.

Michael Every
150