Citigroup economists have lowered their Q4 GDP forecast following the Q4 business indicators data (profits and inventory, here)

  • Q4 GDP to +0.6% q/q from +0.8% previously forecast
  • Think there is still some small downside risk to this forecast
  • Likelihood of "another lean quarter of GDP growth supports the RBA cutting rates again" at the RBA monetary Board meeting on Tuesday (3 March 2015)

That comes via MNI

Note - the Reserve Bank of Australia is meeting in Melbourne this month. Governor Stevens will be shouting the (Cricketer's) bar at the Windsor following the 2.30pm (local time) announcement.