Interview: The RBA's shock call, and why they could get 'caught out' episode artwork

EPISODE · Jul 8, 2025 · 12 MIN

Interview: The RBA's shock call, and why they could get 'caught out'

from FEAR & GREED | Business News · host Fear and Greed

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.

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Interview: The RBA's shock call, and why they could get 'caught out'

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This episode was published on July 8, 2025.

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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...

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