The RBA likely believes it won’t need to hike rates again – but the worst thing it could do is say that out loud
When it comes to the Reserve Bank, there’s a whiff of a parent making a threat they have no intention of carrying out
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Every parent makes threats in an effort to get their kids to behave – and every parent hopes they won’t have to follow through.
Some (most?) parents even make threats they have zero intention of carrying out.
https://www.theguardian.com/australia-news/2026/aug/12/reserve-bank-australia-rba-interest-rates-hike-warning-threat">Continue reading...