"My view is inflation is a long way from being under control". ....... I strongly agree.... yes if the RBA relaxed rates now it may be too soon and inflation would likely rise again. very hard to reduce costs to businesses and consumers. it does take a concerted effort from all agencies capable of doing so. Treasury and RBA are the two primary factors in managing inflationary costs.
so do you expect the next interest rate change to be up or down? and when do you think this might happen? most here are biased and pushing one way or the other for political reasons. you, from my assessment, are less biased than most, including myself, and so I suspect your opinion may be more accurate.
also, as an aside, do you think capitalism can thrive if social needs are neglected?
