Bill Evans: RBA to drop tightening bias, stay on hold

Friday, 7 December 2018

I still have a third hypothetical bet open with Bill Evans that the next move in rates is down (having won the first two, not that he knows about it).

I reckon the RBA will be cutting by June 2019. It would be earlier if not for the elections.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.