Mark Crosby

Despite the RBAs determination to push on a string, rates are well below any reasonable neutral rate and should be rising accordingly. The RBA is correct to point to the need to use other policy levers to stimulate the economy, but perhaps these levers would be more inclined to be pushed if the RBA was less willing to push rates to levels that will have little further impact on the economy.

Outcome date: 
Monday 05 August 2019
Current rate: 
12 months: 
6 months: 

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