Created Tue 2nd Dec 2008 5:50pm PST by 
oppugner
All questions » Business » Economics » oppugner 
What will the Reserve Bank of Australia do with the official cash rate in February?
Current forecast: Rate is cut (91% chance
6%)
6%)
Combining all predictions, the current most likely outcome is Rate is cut with a probability of 91% (down 6% in last 1 day)
At the last RBA board meeting the cash rate was dropped by 1% to 4.25%. This is the latest in an unprecedented series of rate cuts that have seen a total of 3% slashed from the rate to take it to its lowest level since 2001.
What will the board of the RBA decide to do with the official cash rate at it's next meeting in February?
What will the board of the RBA decide to do with the official cash rate at it's next meeting in February?
Settlement details:
As announced at http://www.rba.gov.au/
Make your prediction!
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Rate remains unchanged |
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Rate is increased |
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Rate is cut |
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Activity: H$15,461
Question suspends in 3 weeks
Suspend date: Mon 2nd Feb 6pm PST (3 weeks to go)
Initial likelihoods: Rate remains unchanged: 29%, Rate is increased: 1%, Rate is cut: 70%
Action history:
Created Tue 2nd Dec 2008 5:51pm PST by oppugner
oppugner
Suspend date: Mon 2nd Feb 6pm PST (3 weeks to go)
more info...
Get widget!Predictions (13)
13 predictions
greg77
predicted Rate remains unchanged (H$300 at 5%)
predicted Rate is cut (H$20 at 97%)
curios
predicted Rate is cut (H$10,000 at 91%)
predicted Rate remains unchanged (H$20 at 17%)
oz_plastics_pty_ltd
predicted Rate is cut (H$100 at 80%)
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
predicted Rate remains unchanged (H$200 at 16%)
rogi
predicted Rate is cut (H$100 at 82%)
pitchedoutsideleg
predicted Rate is cut (H$3,000 at 75%)Comments (0)
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score: 10
News.com.au 2 days ago
February for more mortgage relief with the central bank unlikely to interrupt their summer break and cut the cash rate on Tuesday, economists say. Economists said no cataclysmic financial event had occurred since the Reserve Bank's (RBA) last monthly
score: 10
Herald Sun 2 days ago
February for more mortgage relief with the central bank unlikely to interrupt their summer break and cut the cash rate on Tuesday, economists say. Economists said no cataclysmic financial event had occurred since the Reserve Bank's (RBA) last monthly
score: 10
Sydney Morning Herald 2 days ago
February for more mortgage relief with the central bank unlikely to interrupt their summer break and cut the cash rate on Tuesday, economists say. Economists said no cataclysmic financial event had occurred since the Reserve Bank of Australia's (RBA)
score: 10
The Age 2 days ago
February for more mortgage relief with the central bank unlikely to interrupt their summer break and cut the cash rate on Tuesday, economists say. Economists said no cataclysmic financial event had occurred since the Reserve Bank of Australia's (RBA)
score: 10
Sydney Morning Herald 1 week ago
lowest levels in decades and are expected to keep going in the same direction in 2009, as the Reserve Bank of Australia (RBA) tries to protect the nation from recession. The 2008 year will go down as the year of the RBA's big U-turn on monetary policy,
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