The RBA and the dark art of monetary policy
ANALYSIS: The RBA has a new governor and is working under some new reforms and a freshened mandate around full employment. Not everyone is happy.
WATCH: NBR senior journalist Lachlan Colquhoun speaks with Simon Shepherd.
The markets, whoever they are, were outraged when the Reserve Bank of Australia didn’t cut interest rates as expected at its last meeting earlier this month.
In the lead-up to the RBA board meeting, Australians were repeatedly told it was a sure thing that the central bank would cut its official
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