Interest rate policy: Up to some digital mischief, Christopher Joye imagines pre-RBA decision day internal machinations

Today I am thrilled to be able to share with you a truly unique insight into the RBA board’s internal machinations. A secretly taped video of a discussion between RBA assistant governor Philip Lowe, who runs the so-called “economic group” and is an influential player at the board level, and one of the RBA’s private sector directors, has surreptitiously come into our possession. We have agreed not to reveal the identity of the individual who sourced this material. Given its sensitivity, please do not share it with anyone! Enjoy.