RBA Expected to Hold Cash Rate at 2.5%

The video discusses differing opinions on Australia's cash rate, with analysts predicting no change until March. By mid-year, predictions vary, with some expecting a rise and others a cut. Economic indicators like falling commodity prices and rising unemployment are influencing these forecasts. The Treasurer's upcoming fiscal outlook is expected to show a worsening budget deficit. The RBA may consider easing in 2015 if necessary.

What was the consensus among the 30 analysts surveyed by Bloomberg regarding the cash rate for January and February?

• An increase in the cash rate

• No change in the cash rate

• A significant fluctuation in the cash rate

• A decrease in the cash rate

Which company predicted that the cash rate would rise to 3% by mid-year?

• Bloomberg

• Market Economics

• Barclays

• Goldman Sachs

What economic factors are contributing to the prediction of a cash rate cut by Goldman Sachs?

• Rising commodity prices and decreasing unemployment

• Falling commodity prices and rising unemployment

• Increasing commodity prices and stable unemployment

• Stable commodity prices and stable unemployment

What significant economic data is expected to be released within two weeks?

• First quarter GDP for Australia

• Midyear economic and fiscal outlook

• Annual inflation rate

• Monthly employment report

What is the expected impact on the budget deficit according to the upcoming fiscal outlook?

• A reduction by $5 billion

• An increase by $5 billion

• A surplus of $5 billion

• No change in the budget deficit