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Ep2: Down, but not out
On 3 March 2020, the RBA cut rates by 25 basis points to 0.50% in response to the coronavirus. But have they cut too early? And what happens if markets are hit with another unexpected event? With so little fuel left in the tank, how will the RBA respond?
Darren and Chris explore these issues and discuss the hazards of credit in times like this.
Related articles: 5 big questions the RBA needs to answer in 2020 by Chris Rands http://bit.ly/38gA6Pz
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By Darren LangerOn 3 March 2020, the RBA cut rates by 25 basis points to 0.50% in response to the coronavirus. But have they cut too early? And what happens if markets are hit with another unexpected event? With so little fuel left in the tank, how will the RBA respond?
Darren and Chris explore these issues and discuss the hazards of credit in times like this.
Related articles: 5 big questions the RBA needs to answer in 2020 by Chris Rands http://bit.ly/38gA6Pz
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