Mark Crosby

The very low inflation read raises the question of a rate cut, but also raises the question of the RBA’s inflation target in a world of ultra low inflation. Doubtful that the RBA should cut so close to an election, and now is the time to reconsider the shape of the inflation target, as well as the effectiveness of ultra low rates.

Outcome date: 
Monday 06 May 2019
Current rate: 
12 months: 
6 months: 

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