Michael Blythe Quotes

This is confirming that the Australian economy stepped down several gears in the second half of last year.

- Michael Blythe

Tags

Confirming | Australian | Economy | Stepped | Gears |

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Consumer caution persists and a weak housing sector remains a drag on overall services sector activity. - Michael Blythe

A difficult retail environment resulted in significant discounting, so lower prices for clothing, household appliances, tools and computing equipment are possible. A low CPI number obviously increases the odds on the Reserve Bank continuing to sit on the sidelines. - Michael Blythe

It's on the side of the ledger for a tightening bias. But with uncertainty about global growth and oil prices, the bank isn't likely to move rates anytime soon. - Michael Blythe