"Forecasting" is a polite synonym for "guessing." The better ones are informed guesses but still inherently uncertain. With this in mind, here are some forecasts:
1. The US Federal Reserve will wind down their money-printing program faster than expected and commence raising cash rates maybe as soon as the first quarter of 2022.
2. The Reserve Bank of Australia will reverse course on Quantitative Easing (OE) and admit that inflation is an issue they need to address with rising rates.
3. The Reserve Bank of New Zealand (RBNZ) will continue to raise rates as forecast. At this time, ANZ is forecasting that the Official Cash Rate will go no higher than 2%, but the RBNZ is forecasting the cash rate will peak at 2.6%.
The team welcomes your enquiry. Our commitment is to be available as required by clients. Your enquiry will be managed with absolute confidentiality.