RBA Governor, Michele Bullock, portrayed the decision to cut the policy rate at the February meeting as a finely balanced one and sought to frame the bond market’s then expectation of rate cuts as more accelerated than the Bank’s (and presumably the Board’s) view of the expected pace of policy rate reduction. 

Read the Adviser Voice article

Stephen Miller

Stephen Miller is GSFM’s market strategist. His expertise in international economic and policy analysis, as well as domestic and global economic and financial market developments, has resulted in him becoming a regular commentator on central banks, rates and inflation.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.