It looks, at least for now, as though tensions in the Middle East are easing somewhat. It appears much less likely Iran will try to close the Strait of Hormuz, through which flows about a fifth of the world’s oil.
In response, oil prices have dropped to a two-week low below US$70 a barrel.
The economists at the Reserve Bank will be breathing...
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Forecasting has always been central to financial planning; however, traditional methods based on historical trends are no longer enough. Economic ...