Christopher Joye’s video take on RBA decision
Christopher JoyeDecember 8, 2020
The economy is travelling around “trend”, inflation is sitting in the middle of its target band, and market lending rates are about where they need to be. To this line of thinking, rates are priced to perfection, or as close to perfection as one could reasonably expect to get.
The RBA made the right call by keeping rates unchanged today.