Ex-RBA board member says the Australian cash rate may stay around 4.5% for a long time ...Middle East

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Ex-RBA board member says the Australian cash rate may stay around 4.5% for a long time
Warwick McKibbin is a former member of the board of the Reserve Bank of Australia. He served from July 2001 until the end of his term at the end of July 2011.Via Twitter:I guess the question is what is 'soon'? I've seen forecasts of an RBA cut in September from a number of analysts. I suspect from the wording of McKibbon's tweet that September is way too soon. Ugh.-McKibbin is currently an Australian Professor of Economics at the Australian National University This article was written by Eamonn Sheridan at www.forexlive.com.

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