"Could be more interest rate rises coming?" No, read former RBA Gover Ian MacFarlane's comments today wherein he remarked that the recent Reserve Bank review "... has retained the dominance of part-time members on the RBA board – seven out of nine members – while transforming the board from an “advisory body” into one that “proactively shapes policy decisions” – that is, functions as a decision-making body." Independence out the window - do as you are told.
