RBA: not before we are ready

17 October 2017

 

The minutes of the RBA’s October meeting were not expected to be a source of controversy and so it proved when they were released. However, some economists spotted a few of interesting titbits. Deutsche Bank economist Phil Odonaghoe thought the minutes revealed a divergence in thinking between the RBA and market pricing for short-term interest rates. “We wrote in response to the RBA's October post-meeting statement that, from the perspective...

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