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'Things are moving the right direction': Fmr RBA Governor
Publisher |
ABC Podcasts
Media Type |
audio
Categories Via RSS |
Daily News
News
Publication Date |
Feb 06, 2024
Episode Duration |
00:07:16

The Reserve Bank yesterday kept the interest rate on hold, for its first meeting of the year and the first since the government's changes to the central bank's structure.

Former RBA Governor Bernie Fraser says it was the right decision, he says the RBA needs to "continue to sit on its hands" as far as interest rate increases are concerned, while things "work their way through the system."

Guest: Bernie Fraser, Former RBA Governor

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