Chanticleer
After the pain of 13 hikes, there is still a real question as to how much more support the central bank can really provide in this easing phase.
Having held the official cash rate steady at 4.10 per cent on Tuesday afternoon, Reserve Bank governor Michele Bullock dutifully did her best to assure households that she feels their pain.
“Cost of living pressures are still very real for many Australians,” she said solemnly.
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Original URL: https://www.afr.com/chanticleer/the-credit-cycle-that-never-was-will-limit-rba-rate-cuts-20250401-p5loan
