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Peter Tulip, who was the Reserve Bank's senior research manager, said the board, with business leaders, lacked the gravitas to challenge Governor Philip Lowe on flawed decisions.
U.S. stocks edged lower Wednesday as investors braced for what is likely to be the largest Federal Reserve rate hike in more than two decades alongside further details of its policy tightening over the coming months as inflation continues to run at the hottest pace since the early 1980s.
Stock futures higher ahead of fed, oil surges on EU Russia export ban; Fed in focus: rate hike path tested by slowing growth, asset price slump; Starbucks shares jump as north American sales offset China slump; AMD shares leap on Q1 earnings beat, bullish chip outlook and Lyft shares collapse as surging costs hammer bottom line
"A belated shift in their 'talk' would at least be some light emerging at the end of what has been a long dark tunnel in the RBA's history." The Rever