RBA: When Your Assumptions Have Only Upside Risk

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Assumptions underlying RBA forecasts might be individually reasonable but in combination they suggest a systematically downbeat view of supply capacity growth relative to Treasury’s longer-term view. Any forecast rests on assumptions. Each might be individually reasonable, but if they all tilt in the same direction, they look less plausible in combination. Different assumptions can also […]The post RBA: When Your Assumptions Have Only Upside Risk appeared first on ActionForex.