Rate Rise

After some of the weaker than expected figures last week the odds of a rate rise have been slightly reduced. A number of economists are talking about another pause which is possible. For my mind though the RBA has made it clear that they want to get monetary policy back to a less stimulatory level. At 4.00% it is still in the 'emergency' area which we are no longer in. I think they are likely to continue moving rates towards 'neutral' but if they do pause expect a hike in May.