The evidence suggests Reserve Bank rate cuts don't hurt confidence
- Written by Stephen Kirchner, Program Director, Trade and Investment, United States Studies Centre, University of Sydney
When the Reserve Bank board meets today for the first time this year it is likely to leave its cash rate unchanged at the current all-time low 0.75%.
Afterwards, it will announce its reasons, many of them good. But they’ve not always been good.
Reserve Bank cash rate
Authors: Stephen Kirchner, Program Director, Trade and Investment, United States Studies Centre, University of Sydney
Read more https://theconversation.com/the-evidence-suggests-reserve-bank-rate-cuts-dont-hurt-confidence-130799