Extremely risky to replace RBA’s Lowe now, say bankers and economists - As much as Lowe is an awful communicator, to change the RBA Governorship because their decisions are unpopular tends to undermine the whole independence ideal of the RBA...
Added to this the uncertainty of what a new Governor would do. Though, if it is Bullock - as the money seems to be - she appears quite happy to continue Lowe's path of getting inflation back to within 2-3%Ausfinance
Extremely risky to replace RBA’s Lowe now, say bankers and economists - As much as Lowe is an awful communicator, to change the RBA Governorship because their decisions are unpopular tends to undermine the whole independence ideal of the RBA...
Added to this the uncertainty of what a new Governor would do. Though, if it is Bullock - as the money seems to be - she appears quite happy to continue Lowe's path of getting inflation back to within 2-3%
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...