Forgetting to unlock the stable door

July 9, 2025 9:23

Fair to say that yesterday’s rate decision surprised the pundits.

Headline in the Australian Financial Review, July 6: “‘The horse is about to bolt’: Auctions boom as rates fall”

And this morning’s AFR had a new question: “How did they get it so wrong?”

How indeed?

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Topics

AFR Australian Financial Review interest rate rises RBA Reserve Bank of Australia

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