A group of economists has warned that the upcoming changes to the way the Reserve Bank communicates its interest rate decisions risk placing individual board members in the spotlight and suppressing robust debate on monetary policy.
The views are part of a survey of 40 economists conducted by The Australian Financial Review, which also revealed earlier this month that respondents expect the RBA will start cutting interest rates in September. The next board meeting for the central bank is over February 5-6, the first for 2024.
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Cécile Lefort is a markets reporter based in the Sydney newsroom. Cécile worked in New York and Hong Kong writing about global capital markets. Email Cecile at cecile.lefort@afr.com
