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Interview: The RBA's shock call, and why they could get 'caught out'
Manage episode 493349069 series 3375277
Yesterday afternoon, the Reserve Bank board left the official cash rate on hold at 3.85%. A surprise decision given most economists and financial markets expected a reduction of 25 basis points.
Westpac Chief Economist Lucy Ellis - and former Chief Economist at the Reserve Bank - talks to Sean Aylmer about yesterday's decision, the press conference afterwards, and why she thinks "the RBA is going to get a bit caught out."
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.
4508 episodes
Manage episode 493349069 series 3375277
Yesterday afternoon, the Reserve Bank board left the official cash rate on hold at 3.85%. A surprise decision given most economists and financial markets expected a reduction of 25 basis points.
Westpac Chief Economist Lucy Ellis - and former Chief Economist at the Reserve Bank - talks to Sean Aylmer about yesterday's decision, the press conference afterwards, and why she thinks "the RBA is going to get a bit caught out."
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.
4508 episodes
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