The surprising move left many economists and home owners, as well as Treasurer Jim Chalmers, disappointed and has been described as a significant shift in the RBA’s communication strategy, with RBA governor Michele Bullock explaining the decision was influenced by ongoing concerns about inflation and increasing global uncertainties.
Tune in to hear:
- How economists are recalibrating expectations, with some believing this marks a “new RBA” with limited forward guidance.
- Whether the bank’s inflation concerns are in line with earlier talks of larger rate cuts.
- How US President Donald Trump’s new tariffs on copper and pharmaceuticals are adding to global market volatility and uncertainty.
