The Narrow Path Is Beset With Uncertainty!

August 16, 2024 • 00:22:32
The Narrow Path Is Beset With Uncertainty!
Digital Finance Analytics (DFA) Blog
The Narrow Path Is Beset With Uncertainty!

Aug 16 2024 | 00:22:32

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Show Notes

On Friday, RBA Governor Michele Bullock and her new look team were questioned by the House Economics Committee in Canberra for most of the morning. And I watched it all, so you don’t have to! There was very little new at one level, because the bank had recently released its statement on monetary policy and rate `decision. Recall that the Reserve Bank left the key rate at a 12-year high of 4.35% and maintained its hawkish rhetoric. Money markets and economists still reckon the RBA’s next move will be a cut, though they’re split on the timing. Traders are betting […]
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