Terry McCrann gets it wrong, again

So over the last year or two Terry McCrann has very confidently predicted four or five RBA decisions, immediately before the meeting (as opposed to months or weeks before), that did not come to pass. Terry also has a habit of always defending/rationalising RBA decisions after the event. It is a consistent pattern. So, for example, Terry blasted me last year for suggesting that the RBA staff recommendations had been regularly rolled by the more dovish board. Embarrassingly for Terry, the recently retired RBA board member, Graham Kraehe, confirmed that I was actually surprisingly prescient (ie, right) in an interview with The Australian in January

I am shocked that Herald Sun readers may not be getting the best economic analysis available. Via Christopher Joye

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