RBA decision, page-6

  1. david75
    1,126 Posts.
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    03/11/15
    15:39
    Post #: 16316722
    Given the banks are raising rates independently of the RBA there was no way the RBA was going to drop rates.

    If RBA dropped rates and the banks ignored it then the RBA loses any semblance of control - and becomes irrelevant.
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    lightbulb Created with Sketch.  Great analysis
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