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Former RBA Governor says changes to be made at the Bank are a disaster, "very bad policy"
Well-respected former Reserve Bank of Australia Governor Ian Macfarlane is very concerned about the changes being made at the Bank in response to the 'review'. The proposed move to establish a separate body within the Reserve Bank to make interest rates decisions in future, was "very bad policy" and "a leap of faith" which would undermine the authority of the governorhas called on the government to open a public discussion about the proposals rather than immediately proceeding with themsaid the...
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Posted: Sep 20 2023, 22:30
Author Name: forexlive
Views: 112572