The federal government would sack the RBA Board and Governor except it is too busy jumping at its own shadow

Created
Wed, 11/12/2024 - 13:48
Updated
Wed, 11/12/2024 - 13:48
It’s Wednesday and as usual I cover a few topics briefly rather than provide a deeper analysis of a single issue. Today, I consider yesterday’s RBA monetary policy decision which held interest rates at elevated levels despite the inflation rate dropping towards the lower range of its targetting band. The RBA has lost credibility and…