AVZ chart, page-9605

This is what GD4 said:

"Given the outlook, the Board is not expecting to increase the cash rate for at least three years."


And your response??

Reserve bank is wrong

Reserve bank cannot control the price of money that Australian banks borrow from international banks

It cannot control what the US Federal Reserve does

If the US Federal Reserve raises rates than Australian rates go up whether the RBA likes it or not

It is not what GD4 said, however I am glad that we are fortunate to have the benefits of a poster on HC's AVZ forum, who is better informed than Philip Lowe the Governor of the Reserve Bank of Australia on monetary policy.
Mr Lowe holds a PhD from the Massachusetts Institute of Technology and aB.Comm (Honours) in Economics/Econometrics from the University of New South Wales.
He has authored numerous papers, including on the linkages between monetary policy and financial stability. He commenced as Governor on 18 September 2016. He is Chair of the Reserve Bank Board and Payments System Board, and Chair of the Council of Financial Regulators.

However the Wallaby is, lucky for us much, better informed.
Please keep us posted in the future mate.