RBA focusing on the trade ‘disruptions’ made by Trump's tariffs
Judo Bank Chief Economist Warren Hogan discusses the Reserve Bank’s decision to cut interest rates by 25 basis points to 3.85 per cent.
“The RBA has had a big shift this week – they’ve had really started to worry about the global scene and the disruptions to trade from these tariffs that the Trump administration announced,” Mr Hogan told Sky News Australia.
“Although financial markets and trade negotiations all seem to be sort of stabilising and moving in a more settled way, they remain focused on this as the big risk.
