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From Todays OZAs has been a consistent theme for some time now, the economic forecasters got it wrong.Everyone at the coalface, including all the citizens who are paying bills have seen inflation for a few months that is only getting stronger.Tuesday is a defining day for the RBA and Phillip Lowe.if he once again continues with the charade that there will be no rate hikes till 2024, he surely should be given the chop.On September 14th, Lowe said he could not understand calls for rate hikes before 20124 (see AFR ).For heavens sake, he might not agree with the conclusions drawn by others, but not understand why??He seems to be mirroring the Fed reserve in his ostrich like pronouncements.Mick
From Todays OZ
As has been a consistent theme for some time now, the economic forecasters got it wrong.
Everyone at the coalface, including all the citizens who are paying bills have seen inflation for a few months that is only getting stronger.
Tuesday is a defining day for the RBA and Phillip Lowe.
if he once again continues with the charade that there will be no rate hikes till 2024, he surely should be given the chop.
On September 14th, Lowe said he could not understand calls for rate hikes before 20124 (see AFR ).
For heavens sake, he might not agree with the conclusions drawn by others, but not understand why??
He seems to be mirroring the Fed reserve in his ostrich like pronouncements.
Mick
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