RBA would be foolish to hike rates today (Leithvo)

The RBA looks poised to hike interest rates today. In this interview with ABC Radio Brisbane, I explain why hiking into a pending global recession is a risky move akin to what happened before the GFC in 2008.



The RBA did indeed raise interest rates by 0.25 basis points. 

[Posted at the SpookyWeather2 blog, March 18, 2026.]