Mark Crosby

Little has changed over the past month to warrant a further rate cut, and given the likely ineffectiveness of that cut it would seem that sitting on one’s hand would be the best course for this month. At the 6 months and longer horizons a formal change in inflation target to 1 to 3 percent with rates then allowed to rise would be the best path.

Outcome date: 
Monday 01 July 2019
Current rate: 
12 months: 
6 months: 

Updated:  18 October 2021/Responsible Officer:  Crawford Engagement/Page Contact:  CAMA admin