Outcome-February 2012
News update
Professor Vahey has provided the following observations of the Shadow Board's February decision:
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highest weight (around 50 percent) given to 4.25 ie hold,
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roughly 60 percent probability that the RBA Board should not cut; approximately 40 percent they should cut (by at least 25bp),
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less than 10 probability that the cut should be by 50bp.