No interest rate rise in 2022 should be the RBA’s New Year’s Resolution

wood cube block with percentage symbol icon. Interest rate, financial, ranking and mortgage rates

The RBA (Reserve Bank of Australia) Board doesn’t meet in January.  That is a pity, because otherwise the Board might announce a New Year resolution.  One particular resolution would be very reassuring to hear:  A resolution to not raise interest rates until inflation expectations are re-anchored well above their pre-Covid levels.  That is, not to […]