Volatility has certainly reduced despite a widening current account deficit, but capital inflows have been strong and this has helped.

174

Given that the outcome was in line with what had been anticipated, I don't think that today's release will increase the probability of an interest rate hike this year.

152

The bottom line is that credit-based spending remains incredibly strong. Debt levels continue to rise and if there is any upward adjustment to interest rates, that would have major impact on debt serving costs.

115

There has been a slow down in real growth, but at 5,6% growth is still fairly strong. If the Reserve Bank was concerned before about strong demand, these numbers would certainly not ally those fears. We still think the bank will leave rates unchanged this year.

105

It's very encouraging and confirms how good things are going in this economy.

79