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Bill Evans: RBA to cut and print! – MacroBusiness
Via Bill Evans at Westpac: The Minutes of the October Board meeting of the Reserve Bank of Australia confirm the key themes of Governor Lowe’s speech which was …
The Minutes of the October Board meeting of the Reserve Bank of Australia confirm the key themes of Governor Lowes speech which was delivered on October 15.
They indicate that the Board had effectively decided to ease policy at the October meeting.
One reason for delaying the announcement would have been to allow the government clear air to sell the Budget, which was announced later on that same day, October 6.
The Minutes even cleared up the possibility that the Board would have waited to as…
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