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Anna Breman: Reserve Bank Governor unpacks the decision to hold the Official Cash Rate at 2.25%
Published 3 weeks, 5 days ago
Description
The Reserve Bank Governor is feeling good about her captain's call to keep the Official Cash Rate unchanged at 2.25%.
Anna Breman made the final decision after the six-member Monetary Policy Committee she chairs was evenly split on whether to hike the rate.
Breman says she understands the argument for hiking but told Mike Hosking she doesn't think now's the right time.
She says financial markets have already tightened quite a lot, and the economy is slowing down, which will reduce pressure on inflation over the medium term.
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