inflation data

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Market pretty much kept on falling all day as inflation data removed any faint hope of another rate cut in 2016. The rate cut hope was a fallacy as the last two rate cuts did not even remotely solve the inflation or the currency issue. We are heading into a... Show More

Why the RBA shouldn’t cut rates

Tim Hannon

Central banks want prices to rise consistently and with low volatility, normally in a range of 2 to 3% per annum. Prices growing at greater than 3% per annum apparently signal capacity constraints in an economy, so the central bank raises interest rates to crimp consumer spending and investment -... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started negative and closed even more negative despite recovering in the middle of the day with latest inflation data. The main game is all about the rate cycle outlook from US Fed in the morning. The local inflation data had something for everyone and nothing in terms of... Show More