Grattan on Friday: US rate cut puts pressure on RBA
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
Reserve Bank Governor Michele Bullock might need her flak jacket when she fronts the media next Tuesday after the bank’s two-day board meeting.
This week’s United States Federal Reserve interest rate cut of a hefty half a percentage point (defying most more modest predictions) will put a lot of public pressure on the RBA, which is...





