What Investors Expect Central Banks to Do in 2011 and 2012
Here are the cliff notes
FED - Nada for 2011 and 2012
ECB - 25bp rate cut by Dec?! (In July no rate hike or cut was expected for 2011 and 1H2012)
BOE - Nada for 2011 and 2012 but slight shift to dovish bias
BOC - Rate Cuts now expected in 2012, down from rate hike by April
RBA - Major Rate Cuts Expected - 100bp by year end?!
RBNZ - No Major Changes, Rate Hike Expected March 2012
And here are the details:
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