AUD overvalued, commodity price declines significant, yet the RBA stays put: The RBA December policy decision has just been released with the Board keeping the...

David Scutt

Scutt Partners

AUD overvalued, commodity price declines significant, yet the RBA stays put: The RBA December policy decision has just been released with the Board keeping the cash rate unchanged at 2.50%, as expected. Consistent from what we've seen for several months now it was largely case of control-C, control-V, that is, a cut-and-paste job from previous statements, with the Board keeping the all-important final paragraph, including the line in relation to a period of stability in interest rates, unchanged. (VIEW LINK)


David Scutt
Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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