The word 'misled' springs to mind. After talking up the local...

  1. 2,801 Posts.
    The word 'misled' springs to mind.

    After talking up the local economy and nearly two years of threatening higher interest rate forecasts, they cut twice in a month. On what? Europe? It's been in trouble for the same period of time they've been spruiking.

    The RBA have proved themselves irrelevant. We have reserve bank behaving like a twitchy day trader.
 
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