Hammer and jawbone strategy
4:59–6:53 · 114s
Michael explains the RBA’s two tools—rate hikes (the hammer) and communication (the jawbone)—and skewers reliance on oil futures, quipping about selling a Harbour Bridge to anyone who trusts them.
4:59–6:53 · 114s
Michael explains the RBA’s two tools—rate hikes (the hammer) and communication (the jawbone)—and skewers reliance on oil futures, quipping about selling a Harbour Bridge to anyone who trusts them.
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