RBA review won’t see ‘much change’ in monetary policy

Deutsche Bank Chief Economist for Australia Phil O’Donaghoe says a review into the Reserve Bank of Australia will not see “much of a change in the operation of monetary policy in Australia”.

“We shouldn’t expect to see an interest rate at a different level as a result of this review,” he told Sky News Business Editor Ross Greenwood.

“My sense is that probably the most important part of that review will be the composition of the board.”

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