Replying to Avatar StackSats.IO

Australia 🇦🇺 is set to change how interest rates are set with a new “external monetary policy board”.

Haven’t had a chance to read much in to this yet but on its face, it sounds even worse than what we have now. Any #AUStriches got further info?

https://archive.is/fnqO7

Avatar
( -_-) 2y ago

Seems like the main purpose is in the last paragraph:

the Treasury Secretary is on the board to “provide an independent economic perspective” which is able to “challenge the view of the RBA executive”

Reply to this note

Please Login to reply.

Discussion

No replies yet.