Jeffrey Sheen

I do not recommend a change in the cash rate, though it may be tempting to lower it given low inflation, lukewarm growth and recent natural disasters. There are good reasons why trend inflation may be resisting attempts by the RBA to achieve its target range. Rather a concerted fiscal policy response is required at this stage.

Outcome date: 
Monday 03 February 2020
Current rate: 
12 months: 
6 months: 

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