The one thing holding back an RBA rate cut
- Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting global economies.
This week: what is the new normal for economic growth? And why the RBA is still waiting to raise rates.
In a...