HomeGeneral NewsReserve Bank’s shock roast of interest rate ’false prophets’

Reserve Bank’s shock roast of interest rate ’false prophets’

August 12, 2024

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The Reserve Bank’s new deputy governor has launched a scathing attack on overconfident rate forecasts, in a take-down calling them ‘false prophets’ playing a ‘dangerous game’.

In Brisbane for a speech to the Economic Society of Australia titled “Beware False Prophets”, RBA deputy…

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