Financial Standard Comments - Chief economist update: How low will Lowe go? If financial markets were waiting for the Australian labour market report to raise the odds of another RBA rate reduction, they're too late. Now only one question remains. https://www.financialstandard.com.au/feed/latest?story=149208244 Fri, 15 Nov 2019 14:05:29 +1100 Fri, 15 Nov 2019 14:05:29 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Jack Wellings (Wellinvest)

Surely there's enough writing on the wall that lowering interest rates is no longer the answer to what the RBA is seeking to achieve. In fact, the strategy is having the opposite effect, and will inevitably continue doing so if pursued.

The question is: is the RBA prepared to admit it's time to rethink the non-working theory, and face the reality of a rethink?

Time to revisit JM Keynes?

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]]> Jack Wellings (Wellinvest) Fri, 15 Nov 2019 14:05:29 +1100