The RBA dithers on its next interest rate cut – but it’s not the political flashpoint it once was

Despite signs of rising prices, economists believe the Reserve Bank’s choice is still when, not whether, to cut rates further

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The former US president Harry Truman famously asked for a one-armed economist after growing tired of hearing “on the one hand, this” and “on the other hand, that”.

Those listening to Michele Bullock, the Reserve Bank of Australia’s governor, talk about the future path for interest rates may sympathise.