Economists at Citi abandon rate cut call
That's the way the wind is blowing at the moment. Citi expected the RBA to cut rates but now thinks Stevens will be sidelined throughout 2016.
They've been rosy on growth and the numbers have been solid but I trust Australian jobs numbers even less than Chinese economic data at the moment.
What happens in commodities will tell the story in Australia next year but unless there is some heavy selling, I suspect Stevens will continue to strike an upbeat note.
