Australia and New Zealand interest rate outlook

[Tradesurfer]

While I can read the official central bank statements and current bias, what are the financial commentators saying in your respective countries.

Thinking about the carry trade here with the higher interest rates of both currencies and potential outlook.

thx

 

[Mofra]

In general terms our RBA cash rate is currently sitting at historical lows so the next likely moves are up. Our rates were not slashed at the rate of other developed coountries so the pace of increase is something even the most expert of commentators would only be guessing at.

Good luck.

 

[Mofra]

Just reading an article which may be of interest:

http://www.news.com.au/business/story/0,27753,25881478-31037,00.html

 

[MRC & Co]

RBNZ far more likely to have to cut than RBA.

 

[Tradesurfer]

thx for the article link.