The Reserve Bank says they are cautious about the outlook. Caution is fine, but indolence in the face of a challenging world is not<\/p>\n
\u201cLife is like a box of chocolates,\u201d said Forrest Gump, who had clearly never looked at the label descriptions on the box. \u201cYou never know what you\u2019re gonna get.\u201d And so it was for the RBA on Tuesday when they announced that it was keeping the cash rate steady at 4.1%.<\/p>\n
Not the actual decision \u2013 we all knew they were not going to cut rates. The market on Tuesday morning rated it about a 10% chance but no one was about to go bet their mortgage on it happening. No, the uncertainty was all about what was in the Reserve Bank\u2019s statement<\/a> and what they think is about to come next.<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Reserve Bank says they are cautious about the outlook. Caution is fine, but indolence in the face of a challenging world is not \u201cLife is like a box of chocolates,\u201d said Forrest Gump, who had clearly never looked at the label descriptions on the box. \u201cYou never know what you\u2019re gonna get.\u201d And so … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37743","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=37743"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37743\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=37743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=37743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=37743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}