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Goodbye Glenn Stevens
An RBA rate decision AND a Socceroos world cup qualifier on the same Tuesday? Well we know we’re set up for disappointment when it comes to the football, but what about the RBA? AUD Cash Rate: On hold at 1.50% expected. This is of course the meeting that will close the curtain on Glenn Stevens’ governorship. Following last month’s rate cut, there most likely wont be any bells or whistles today as he slips out the back door. Whether by good luck or good management, Stevens has not overseen a single recession for the Australian economy during his time at the top of the RBA, and whether you agree with how his ... (full story)
