"Goodbye", page-179

The decision to hold RBA meetings roughly every 7 weeks instead of monthly is completely insane. Over the past few days they've gone from possibly raising to possibly cutting. What they're not in a position to know IMO is whether the stock market rumbling is just a financial market correction or whether it signifies something greater in the broader economy. If they were meeting again in the first week of September it's not something they'd really need to adjudicate on today. They could wait 4 weeks and then decide. The fact they don't meet again until late September does put pressure on them to make a call.

. Reaper