The Reserve Bank of Australia’s two newly appointed board members have had a mixed reaction from economists amid uncertainty as to how the changes will shape the future direction of interest rates.
Australian National University professor Renee Fry-McKibbin and former Bendigo and Adelaide Bank chief executive Marnie Baker were appointed by Treasurer Jim Chalmers to the central bank’s new interest-rate-setting board on Monday.
Source: https://www.afr.com/markets/debt-markets/what-economists-think-about-the-rba-s-board-shake-up-20241216-p5kyll