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Comments on: RBNZ March MPS tomorrow http://www.tvhe.co.nz/2009/03/11/rbnz-march-mps-tomorrow/ The Visible Hand in Economics Wed, 11 Mar 2009 23:22:14 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: March MPS: The Bank cuts … | TVHE http://www.tvhe.co.nz/2009/03/11/rbnz-march-mps-tomorrow/#comment-17954 Wed, 11 Mar 2009 23:22:14 +0000 http://www.tvhe.co.nz/?p=3164#comment-17954 […] does it compare to our discussion […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2009/03/11/rbnz-march-mps-tomorrow/#comment-17927 Wed, 11 Mar 2009 00:02:47 +0000 http://www.tvhe.co.nz/?p=3164#comment-17927 @CPW

Indeed I saw that. There has been a couple of other polls where the spread wasn’t that extreme – but it still existed.

For some reason 75 just doesn’t feel right – it takes us to 2.75% which just doesn’t feel right either. It is very interesting. I’ve heard that the anti-75 bias stems from the fact that Bank has never done 75 …

]]> By: CPW http://www.tvhe.co.nz/2009/03/11/rbnz-march-mps-tomorrow/#comment-17926 Tue, 10 Mar 2009 23:58:40 +0000 http://www.tvhe.co.nz/?p=3164#comment-17926 The unpopularity of 75 was there in the last economist poll too: 4 were picking 100, 1 75, and 10 for 50.

]]> By: Matt Nolan http://www.tvhe.co.nz/2009/03/11/rbnz-march-mps-tomorrow/#comment-17912 Tue, 10 Mar 2009 22:16:02 +0000 http://www.tvhe.co.nz/?p=3164#comment-17912 I agree goonix – I think there is a cognitive bias against 75. However, with all the uncertainty in the air I don’t have the stomach to go around betting on the interest rate stocks

]]> By: goonix http://www.tvhe.co.nz/2009/03/11/rbnz-march-mps-tomorrow/#comment-17911 Tue, 10 Mar 2009 22:12:58 +0000 http://www.tvhe.co.nz/?p=3164#comment-17911 iPredict currently: 50 at 46%, 75 at 24%, 100 at 26%. I’m a little surprised that a 75 point cut is the lowest of those three options but I won’t take a position on it.

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