Irvine: RBA focused on risks

Tuesday, 6 November 2018

I’m not sure if this is significant for interest rates, From Jess Irvine:

A trifecta of falling home prices, sluggish wages growth and high household debt will dominate discussion at Tuesday’s Reserve Bank board meeting.

The Treasurer, Josh Frydenberg, will also meet with the board on Melbourne Cup day to discuss the trio of issues, it is believed.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.