RBA’s policy shift brings February cut into focus

The Reserve Bank of Australia has yet to lower interest rates. (Image: Bloomberg)

Wed, 11 Dec 2024

By James GlynnAmong the many qualities of the Reserve Bank of Australia gorvenor Michele Bullock are her quiet humility and a desire to communicate clearly without complex economic jargon.Bullock isn’t prone to over-excited rhetoric and is keenly aware of the need to avoid unnecessarily injecting volatility into money markets by using alarmist language in media briefings after policy meetings.It’s these traits, however, that have led some central bank observers to overlook the fact that on Tuesday, the Reserve Bank of Australia (RBA...

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