Will they or won't they? Reserve Bank board facing tough rates call on Melbourne Cup Day episode artwork

EPISODE · Nov 5, 2023 · 5 MIN

Will they or won't they? Reserve Bank board facing tough rates call on Melbourne Cup Day

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

It's shaping up as another line ball decision when the Reserve Bank board meets tomorrow - on Melbourne Cup Day - to consider what might be the 13th interest rate rise since May last year. It's also a test for the new Reserve Bank governor Michele Bullock who's pledged to do whatever it takes to pull down inflation especially if it looks like running away. I speak with Brian Redican, chief economist at T-Corp.

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Will they or won't they? Reserve Bank board facing tough rates call on Melbourne Cup Day

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