PolicyEconomyInterest ratesOpinionRBA should defy the markets and not miss opportunity to raise ratesAn increase weeks before the start of the spring selling season would draw a much clearer line between monetary policy and the troubles in our housing markets.Warren HoganEconomistI expect to see the Reserve Bank monetary policy board, with a 4-3 vote, increase the cash rate by 0.25 of a percentage point on Tuesday. A rate rise would serve a number of purposes, amplified by the very low probability markets are putting on a move.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In EconomyFetching latest articlesMost Viewed In Policy
RBA should defy the markets and not miss opportunity to raise rates
An increase weeks before the start of the spring selling season would draw a much clearer line between monetary policy and the troubles in our housing markets.
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