Darren Gibbs Quotes

But we don't think this language quarrels with the consensus view of financial markets - and our view - that an easing cycle will most likely begin in September.

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We are seeing significant investment. The rate of addition to the capital stock is as great if not greater than anything we have seen in the past 20 years.

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This concern suggests it will take a lot of strength to get the Fed to tighten beyond 5 per cent.

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It all looks pretty disappointing for the Reserve Bank.

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They've made very good profits over the last four or five years. They've had a good run, so they're well-placed to take a hit.

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There doesn't seem to be any evidence that inflation is accelerating. In terms of when the bank can cut interest rates, we are still looking at sometime in the second half of the year.

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It's not hard to understand why business confidence surveys report significant pessimism.

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Even if the bank is starting to see data moving in the right direction, I don't think they are anywhere near easing, so they don't want to give the market any excuse to rally further.

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