Balance
And the rising $A is certainly making its job easier, by generally cooling activity.
Work Allocation
Inflation Expectations
It would appear the RBA have been longing for a clear indication, to justify a further increase in the current cash rate.
In recent times, the RBA has not been presenting an ideal way forward … by simply leaving the major banks to do its job by default.
Now is when the RBA Board needs to regain the initiative and provide some strong direction — because people are becoming confused, desperately trying to interpret what comes out of each monthly meeting.
