Reserve Bank will be 'more neutral than Switzerland'
The Reserve Bank rigorously, and rightly, keeps out of politics but political implications of its statement are unavoidable.
Reserve Bank governor Graeme Wheeler, when he stepped into that role five years ago, was hailed as an inflation “hawk.”
But his final monetary policy statement, being delivered tomorrow, is going to be more neutral than Switzerland.
The official cash rate is at 1.75% the lowest ever. Since
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Rob Hosking
Wed, 09 Aug 2017
Wed, 09 Aug 2017
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Reserve Bank will be 'more neutral than Switzerland'
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