RBA Rate Cut Unlikely, Says Jupiter Asset’s Sheikh

The video discusses the Morrison budget and the Reserve Bank of Australia's (RBA) approach to fiscal policy, highlighting Australia's alignment with the Asian easing cycle. It examines the impact of RBA policies on the Australian housing market, influenced by the royal Commission's tightening measures. The discussion extends to global central bank policies, focusing on the challenges of strong employment but missing inflation, and the potential implications of the Phillips curve in the US economy.

What is one of the main issues affecting the Australian housing market?

• High interest rates

• Tightening from the royal Commission

• Lack of demand

• Excessive foreign investment

What is the consensus position among macro-based investors regarding the Australian dollar?

• To avoid Australian markets

• To be short on the Australian dollar

• To be long on the Australian dollar

• To invest in Australian real estate

What is the likelihood of a surprise rate cut by the RBA according to the transcript?

• Unlikely

• Highly likely

• Certain

• Already happened

What economic indicator is mentioned as starting to curve in the context of central bank policies?

• The Laffer curve

• The Lorenz curve

• The Phillips curve

• The Kuznets curve

What has been a concern for central banks regarding inflation expectations?

• They are stable

• They are moving down

• They are irrelevant

• They are too high