The Trader 

Australia sticks to its guns

The Trader

In a speech early this morning Guy Debelle, Deputy Governor of Australia’s central bank noted, ‘just as the policy rate in Australia did not need to decline to the very low levels seen in other parts of the world, the fact that other central banks increase their policy rates does not automatically mean that the policy rate here needs to increase’.  At last, separating the men from the sheep!

 

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