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With no fiscal shock absorber, that’s starting to chip away at confidence in the dollar as the global go-to heaven. That said, we’re not in ‘sell America’ territory just yet. Yields are ...
Picture: Getty Images Mr Bloxham said the RBA could use rate cuts as a "shock absorber". “Another shock absorber is the capacity for the RBA to start loosening policy and our view is the RBA ...
In mechanics’ parlance, this means that the dampers (colloquially known as shock absorbers) have reached their end of life. They usually have a service life of between 80,000km and 100,000km.