The Reserve Bank doesn't know what it's doing
7am
00:00
The Decision Making Process
We don't really know anything about how they make their decisions. It's super secretive. They publish some reasoning, but it's far less de than what we see come out of other central banks so there isn't a lot of public scrutiny. The only real insight we've ever had into the decision making process came about because the us Government sent a confidential cable about it back in two thousand and nine. And that was then leaked twicki leaks. So that's one of the only documents we have that gives us any kind of a peak into the decisionmaking process at all.
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