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on bringing inflation down has been very slow for a year now what we can say is that a near-term reduction in the cash rate doesnamp;#39;t align with the boardamp;#39;s current thinking joining me is Le van Ulin co-founder of macro business and a former Federal treasury official I recommend there macro Business site great articles there uh leth great to see you again look inflationamp;#39;s still far too high why didnamp;#39;t the Reserve Bank hike interest rates it said that was the other option it had either freeze them where they are now which you did or hike them not cut them yeah Andrew the RBA is trying to balance basically two competing priority so one of them is obviously to try and keep inflation within its Target at two 2 to 3% weamp;#39;re above that obviously but the other one is itamp;#39;s the reserve banks trying to maintain Full Employment and the econom is as you said is incredibly weak weamp;#39;ve heard five consecutive quarters of negative per capita GDP grow
