Michael Every Quotes

With the import side holding up more strongly than exports for now, the Reserve Bank is unlikely to respond with lower interest rates in the near term.

- Michael Every

Tags

Import | Holding | Strongly | Exports | Reserve |

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These data back the RBA on hold and with a neutral bias for now, with the next move still looking down to us, albeit not until much later in the year. - Michael Every

Economic growth is slowing, and exporters are already suffering. It is a certainty that fourth-quarter net exports will subtract substantially from GDP growth while the current account deficit will widen further. - Michael Every

For the Reserve Bank, this is likely to significantly dampen any thoughts of rate increases going forward. With higher oil prices and a weakening housing market, employment growth should be much more moderate ahead. - Michael Every