Euro and China economies have slowed substantially
Fed conforms no more rate hikes this year
Rba will now say- oh oh our big projections were right but because the euro and Chinese economies have substantially changed we are now dovish on rates from neutral like the market has been for some time.
Won’t be long before the need for qe, trumpnomic negotiation to improve world trade by cutting out of trade agreements - introducing tariffs , threats of tariffs- on and off again sanctions has been as disaster
