Reserve Bank of Australia implements major changes for 2024 ...Middle East

2024 is going to be a year of huge change for the Reserve Bank of Australia. The number of meetings have been cut from 11 a year to 8 (Fibonacci folks take note!).There will also be a new policy to have Reserve Bank of Australia Governor Bullock hold a press conference after each meeting. Bank of America (via AFR, gated) on what to expect:Less frequent meetings is probably a good thing for the RBAAllows the bank not to have to keep its hawkish guidance when the data goes month to monthAnd:Bullock appears less inclined to raise interest rates than her predecessor, Philip Lowenew deputy governor, British central banker Andrew Hauser, and a new chief economist, Treasury official Sarah Hunter, c

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