• 11/13/2024

Glynn’s Take: RBA’s Stubborn Refusal to Provide Rates Guidance Pays off

Wall Street Journal

The Reserve Bank of Australia’s policy of offering up little that resembles meaningful guidance on the interest-rate outlook appears to be paying it huge dividends now after stellar jobs data.

https://www.wsj.com/articles/glynns-take-rbas-stubborn-refusal-to-provide-rates-guidance-pays-off-7890e25f