Goldman Sachs have been out by themselves for a long time now, forecasting that the next Reserve Bank of Australia (RBA) move would be a cut in interest rates:
- Goldman Sachs says “Aussie dollar tipped to force RBA interest rate cut”
- Bloomberg: Misery in Australia Rises to Highest Level Since 2008 in Challenge to RBA
OK … off that …
Goldman’s now forecast an RBA rate hike in November 2015…
In a survey of 21 economists, they all say the next RBA move will be a hike, Here’s a rundown of who, and when …
- AMP Q1 2015
- ANZ Q2 2015
- BankAm-ML Q1 2016
- Barclays Q1 2015
- BNP-Paribas 2016
- CBA Q1 2015
- Citigroup Q2 2015
- Deutsche Bank not before 2016
- Goldman Sachs November 2015
- HSBC H1 2015
- JP Morgan Q3 2015
- Macquarie Q1 2016
- Moody’s Late Q1 2015
- NAB late 2015
- Nomura H1 2015
- RBC Capital Q4 2015
- St George Q1 2015
- StanChart Q1 2015
- TD Securities Q1 2015
- UBS May/June 2015
- Westpac Q3 2015
