When the Reserve Bank of Australia unveils its highly anticipated monetary policy decision next month, governor Philip Lowe may be wise to give himself flexibility.
With the global and local economies evolving rapidly and much uncertainty surrounding the virus, it could pay off to be adaptable to the unfolding circumstances.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
