News

Tue Oct 1

0.75% is a record low, but don't think for a second the Reserve Bank has finished cutting the cash rate

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Anyone who thought that with the Reserve Bank’s cash rate now close to zero, its run of interest rate cuts was over, needs only to read the last sentence of Governor Philip Lowe’s announcement after Tuesday’s cut:

The Board will continue to monitor developments, including in the labour market, and is prepared to ease monetary...

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