So you can try your monetary mettle at home, here’s what a formal interview for the deputy governor role might look like, complete with suggested answers so you can test yourself.
The reality is business is struggling, and in its meeting tomorrow the RBA is widely tipped to be taking the first step to raising rates by winding back quantitative easing measures.
Philip Lowe’s speech on inflation yesterday was drafted well ahead of Scott Morrison’s comments about how the Coalition would keep interest rates lower than Labor.
The RBA is abandoning its policy of “yield curve control”, meaning it will no longer defend any particular interest rate for borrowing over any particular duration.
Small businesses can expect variable rates on SME loans to remain low and a more competitive labour market following the Reserve Bank's board meeting yesterday.