Reserve Bank governor Graeme Wheeler today rounded on critics who have taken him to task. With special audio feature.
Governor Wheeler has a choice: capitulate to the doves or hang more of his position on asset prices rather than consumer prices. With special audio.
This term itself, at first, glance, seems almost counterintuitive – if an OCR cut is a dovish decision, then how can the Reserve Bank’s decision be a 'hawkish cut'?