Reserve Bank of Australia on Tuesday, Bank of England on Thursday!
I posted on the RBA already this morning (and I'll have more as we get closer). Its gonna be a close call. I'm currently leaning to 'no cut' ... but, fair warning, I pretty much always lean that way and it takes a lot to convince me.
Also, on an island off the coast of Europe, the Bank of England meet and expectations are they will be cutting this week. Mind you expectations were that the BOJ would ease further last Friday, and what we got was pretty weak.
Also from the BoE on Thursday, updated inflation report and growth forecasts. Both are expected to be forecast lower. Especially growth. Growth forecasts are expected to be, errr, substantially lowered ... (the previous forecast from the bank, in May, was 2.3% ... this time it'll be closer to 1%. Ugly).
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ps. Aussies might recognise part of the title to the post, a hat tip to a novel. Bonus points if you can name the author :-D
