Mark Crosby

Little evidence of a weakening economy that would warrant rates near current levels. Ongoing low inflation continues to point to a need to recalibrate the inflation target to 1 to 3 percent. Plenty of evidence to suggest that structural issues are the cause of global low inflation, and the RBA will be able to do little to counter that.

Outcome date: 
Monday 02 December 2019
Current rate: 
12 months: 
6 months: 

Updated:  23 February 2020/Responsible Officer:  Crawford Engagement/Page Contact:  CAMA admin