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Will RBA boss Michele Bullock get her rates decision right?
['Peter Switzer', 'View All Articles Peter Switzer']
Switzer Daily
RBA Governor Michele Bullock is poised to make the second biggest decision of her interest rate setting life.
The first was in February when she decided she was wrong to cut interest rates in 2025, three times!
I know this, after three decades of reviewing and reacting to RBA rate decisions.
I would throw in the petrol price hikes as well as another effective rate hike, taking it to six rate rises in half-a-year.
That’s huge and it is why the RBA should pause on rate rises, and simply keep monitoring how our economy is going.