Tweet of the day: Too little, too late from the RBA

Tweet of the day: Too little, too late from the RBA
Jessie RichardsonDecember 7, 2020

A rate cut next month might not, well, cut it.

Economics writer Garry Shilson-Josling thinks the Reserve Bank of Australia should have dropped the overnight cash rate below its record low of 2.5% early last year.

Several economists anticipate that the Reserve Bank will drop interest rates at its February meeting, including Westpac's chief economist Bill Evans.

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