TD Securities has lowered its #inflation expectations for 2015 and no longer expects rate rises from the RBA following a flat reading for the TD-Melbourne Institutes inflation gauge in December. Headline inflation is set to rise only 0.3% in the quarter, to be 1.8% higher than a year ago, a lower figure than previously assumed. Meanwhile, a rally in resources is leading a strong recovery on the Aussie market, rebounding from last week’s slump. The #ASX200 is at 5446.8 at 12:50pm Keep up to date with the latest market insights by following BBY on Twitter. https://twitter/bbyltd
Posted on: Mon, 19 Jan 2015 01:52:28 +0000