RBA Governor Lowe’s term is up for review later in the year. The current review of the Australian Central Bank will report around March, so what is the likely outcome.
Bloomberg reports on economists’ views of what might happen. But the elephant in the room is that inflation has been caused by poor monetary policy over the past couple of decades. or in other words, the RBA helped create the inflation problem they are now trying to defuse.
Maybe someone outside the Martin Place bubble would be more effective in helping to take the country forward.
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