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RBA holds at 2.5% - the rate that stops the nation. The RBA is surprisingly blind to economic trends, domestically, globally and in commodity markets

Stephen Koukoulas

Market Economics Pty Ltd

RBA holds at 2.5% - the rate that stops the nation. The RBA is surprisingly blind to economic trends, domestically, globally and in commodity markets. Well, that is, if they actually believe the material in the statement today that accompanied the decision to leave official interest rates unchanged at 2.5 per cent. It has failed to see clear trends in the data and has missed a chance to use further interest rate reductions to underpin economic growth. Let look at a few trends and what the RBA said. Please go to: (VIEW LINK)


Stephen Koukoulas
Chief Economist
Market Economics Pty Ltd

Stephen Koukoulas has a rare and specialised professional experience over more than 25 years as an economist in government, as Global Head of economic and market research, a Chief Economist for two major banks and as economic advisor to the Prime...

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