Created Tue 1st Jul 4:46pm PDT by jchiang

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What will the Reserve Bank of Australia do with the official cash rate in August?

Settled as Rate remains unchanged


The Reserve Bank of Australia left official cash interest rates at 7.25 per cent this afternoon, but in its policy statement says there is growing scope to move towards a less restrictive stance of monetary policy in the period ahead.
http://www.abc.net.au/news/stories/2008/08/05/2325055.htm

THE financial squeeze on homeowners will remain for at least another month, as the Reserve Bank left interest rates on hold today.
The decision by the RBA met the expectations of financial markets and economists who believed the central bank was unlikely to change rates from 7.25 per cent.
http://www.theaustralian.news.com.au/story/0,25197,24132048-643,00.html

Background:

What will the Reserve Bank of Australia do with the official cash rate in August?

    Rate is increased

    Rate is decreased

    Rate remains unchanged

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Forecast history, %

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Settled

	Rate is increased	6%
	Rate is decreased	7%
	Rate remains unchanged	87%

Activity: H$27,994

Settled as Rate remains unchanged on Tue 5th Aug 4:14am PDT

All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.

Suspend date: Mon 4th Aug 7:59pm PDT

Settlement date: Tue 5th Aug 4:14am PDT

Prediction cut-off: Predictions on this question after Mon 4th Aug 7:59pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: Rate is increased: 33%, Rate is decreased: 33%, Rate remains unchanged: 34%

Action history:

Created Tue 1st Jul 4:46pm PDT by jchiang

Suspended Mon 4th Aug 7:59pm PDT : Suspend date reached

Settlement requested Mon 4th Aug 10:03pm PDT by greg77: show details

rates left on hold:
http://www.theaustralian.news.com.au/story/0,25197,24132048-643,00.html

Settlement requested Tue 5th Aug 1:14am PDT by jchiang: show details

Please find link here
http://www.abc.net.au/news/stories/2008/08/05/2325055.htm

Settled as 'Rate remains unchanged' Tue 5th Aug 4:14am PDT by bayoubear: show details

Settled as Rate remains unchanged


The Reserve Bank of Australia left official cash interest rates at 7.25 per cent this afternoon, but in its policy statement says there is growing scope to move towards a less restrictive stance of monetary policy in the period ahead.
http://www.abc.net.au/news/stories/2008/08/05/2325055.htm

THE financial squeeze on homeowners will remain for at least another month, as the Reserve Bank left interest rates on hold today.
The decision by the RBA met the expectations of financial markets and economists who believed the central bank was unlikely to change rates from 7.25 per cent.
http://www.theaustralian.news.com.au/story/0,25197,24132048-643,00.html

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All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.... read all

Predictions (42)

42 predictions

9 weeks ago

curios predicted Rate remains unchanged (H$3,000 at 90%)

9 weeks ago

cognos predicted Rate is decreased (H$100 at 6%)

9 weeks ago

cognos predicted Rate is increased (H$100 at 5%)

9 weeks ago

dingoh predicted Rate remains unchanged (H$2,053 at 89%)

9 weeks ago

brjschmidt predicted Rate remains unchanged (H$125 at 86%)

more

9 weeks ago

curios predicted Rate remains unchanged (H$3,000 at 90%)

9 weeks ago

cognos predicted Rate is decreased (H$100 at 6%)

9 weeks ago

cognos predicted Rate is increased (H$100 at 5%)

9 weeks ago

dingoh predicted Rate remains unchanged (H$2,053 at 89%)

9 weeks ago

brjschmidt predicted Rate remains unchanged (H$125 at 86%)

9 weeks ago

keyeshoveden predicted Rate remains unchanged (H$2,000 at 82%)

9 weeks ago

greg77 predicted Rate is decreased (H$20 at 8%)

9 weeks ago

stig predicted Rate is decreased (H$50 at 7%)

9 weeks ago

intlibber predicted Rate remains unchanged (H$100 at 86%)

9 weeks ago

jaspersoddity predicted Rate remains unchanged (H$1,000 at 85%)

9 weeks ago

curios predicted Rate is decreased (H$50 at 6%)

9 weeks ago

steez predicted Rate remains unchanged (H$20 at 73%)

9 weeks ago

kiwifire predicted Rate remains unchanged (H$80 at 72%)

9 weeks ago

pitchedoutsideleg predicted Rate remains unchanged (H$1,000 at 69%)

9 weeks ago

pitchedoutsideleg predicted Rate remains unchanged (H$1,373 at 61%)

10 weeks ago

bookie predicted Rate is increased (H$20 at 25%)

10 weeks ago

richay predicted Rate is decreased (H$50 at 19%)

10 weeks ago

greg77 predicted Rate is decreased (H$20 at 19%)

11 weeks ago

ash427 predicted Rate remains unchanged (H$2,500 at 71%)

11 weeks ago

bayoubear predicted Rate remains unchanged (H$150 at 64%)

Showing recent public predictions only

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