Inside The RBA’s Interest Rate Policy Sausage!

From the latest minutes we get a view of the deliberations which ultimately drove the RBA to 25 basis points a couple of weeks back. Not that we necessarily want to see the sausage being made. But there are some key points which signal no intent to pivot, and expectation of more rate hikes ahead, and the potential fall out in terms of employment and wages.

https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-10-04.html

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Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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