The conduit through which the RBA has traditionally passed its corrupt leaks about monetary policy movements opened on the weekend, via Terry Mccrann:
It is the first time in the more than two-and-a-half years that Philip Lowe has been governor that there is even actually the possibility of an official rate change from the RBA.
…Whatever which way the RBA jumps on Tuesday, it will change its position. After the very low March quarter inflation figures, one thing is absolutely clear — the RBA will dump the “either a rise or a cut”.
