Bill Evans of Westpac is serenely cheering on the Lunatic RBA. He needs to wake up. This is a rerun of the errors of early 2008 when a global recession and ginormous deflationary shock were hurtling toward Australia and the Lunatic RBA hiked its way to the moon chasing supply-side price rises it could affect.
The post Lunatic RBA to hike 50bps into global crash appeared first on MacroBusiness.
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