The best time to cut rates was last week. The second best time is 𝘳𝘪𝘨𝘩𝘵 𝘯𝘰𝘸.
“Waiting until nearly the end of May is far too long. The RBA should be nimble enough to realise that the tariffs levied by the USA are an unprecedented move that is already sending shockwaves through the world’s economy.
“It should get out in front and cut rates now rather than wait for Australia’s economy to be damaged further.”