Editor's Insight: Why the Reserve Bank should cut interest rates
Powerful business interests are rallying to pressure a Reserve Bank backdown on its high interest-rate policy.
Fri, 28 Nov 2014
Powerful business interests are rallying to pressure the Reserve Bank to ease its tight monetary policy.
This echoes a warning I made in early September that only pride stood between the Reserve Bank “aggression” on interest rates and a possibly recession-inducing interest-rate hike.