Yep he foresaw a need to hike rates
Just like he did only a month or so before the biggest financial crisis in history
If I were he - I would be hiding in my corner dealing with what is before me today because I have the introflection to be able to say my ability to read the future is a bit below the average joe
He needs to be sacked and his replacement needs to come from outside the RBA - how can someone who joins the RBA straight out of uni be expected to do such an important job
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interest up 25 basis points, page-45
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