Reforms afoot at the Reserve Bank of Australia could complicate rate cut outlook ...Middle East

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Reforms afoot at the Reserve Bank of Australia could complicate rate cut outlook
The news hit yesterday that the controversial reforms to the RBA would be going ahead:Australia's government has secured support from Greens party to pass RBA reform lawFor a rundown on what the reforms are, check this out:Reminder of what this is all aboutReuters have a piece up saying:Australian central bank reform adds new wrinkle to policy outlookIn brief:Australia's central bank is finally getting a major shake-upchanges include splitting the current RBA board into two groups with one dedicated to monetary policy and the other focusing on the central bank's governance and operations. Analysts are assuming the new monetary policy committee would have some new members, perhaps changin

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