Weirdly the RBA actually predicted 2.1% inflation and they still decided, nah we can't risk a rate cut. smdh
Replies
RBA was too slow to lift rates, which helped fuel inflation. Then it savagely ramped up rates. Now, it’s too slow to reduce rates to alleviate the household hardship it deliberately engineered. Clearly, it’s incompetent #auspol
jul 30, 2025, 6:50 am • 9 3 • view
Pre pandemic the RBA would have cut rates to push up inflation. In October 2019 the cash rate was 0.75%.
jul 30, 2025, 7:49 pm • 0 0 • view
Alot of economists in Australia bagging the RBA on rate cuts atm. Is this due to pressure from the real estate lobby? Personally i think they were RIGHT to hold in July amid US tariff uncertainty, and they SHOULD cut in August after yesterday’s CPI figures. There, said it! #auspol #ausecon
jul 30, 2025, 7:42 pm • 3 0 • view
Trump is unstable. America is unstable. The world is unstable.
jul 31, 2025, 9:07 am • 0 0 • view
If only they had access to modelling, data and experts to predict this sort of thing.
jul 30, 2025, 6:57 am • 3 0 • view
They are waiting for it to go up so they can say they were right.
jul 30, 2025, 8:16 am • 0 0 • view
I've heard people compare shifting the interest rate with steering an ocean liner, so it's very weird to me that the RBA keeps insisting it couldn't possibly change course based on predicted iceberg impacts and must instead wait for the data on actual iceberg impacts.
jul 30, 2025, 5:39 am • 2 0 • view
At this stage, I fully expect them to announce a rate increase after the next meeting 🙃
jul 30, 2025, 6:48 am • 0 0 • view
In line with forecast, and didn't feel the need to cut last month. Guess they are happy with current rates then! What's that, unemployment creeping up? Ah, well, nevertheless
jul 30, 2025, 5:07 am • 1 0 • view