Should the RBA raise rates to prepare households for higher global rates?

Should the RBA raise rates to prepare households for higher global rates? Key Points The RBA should avoid calls to raise interest rates prematurely just to prepare households for higher global rates. Such a move would be Iike shooting yourself in the foot in order to practice going to the hospital.. Nor should the RBA mess with the inflation target that has served Australia well. We don’t see it doing either and continue to see …