Interest Rates - Appropriate, Stable, Surging, Consistent and Floods

You can't make this stuff up. Adjective 2.0 is close as I can summarise when reading the news from the Reserve Bank on interest rate decisions. It's the same old story - use complicated adjectives to justify interest rate decisions.

A 5 second glimpse is all it takes to see that the RBA rate will be adjusted (if needed) to slighlty lag the 90 day bill rate.

When will the financial media report the 90 day bill rate prior to the RBA monthly meeting on interest rates and make a best guess to the target cash rate? Too easy? Or perhaps too hard to compare charts? Probably the latter.

Interest Rates (Daily)

Orange Line = 90 day rate
Black Line = RBA Cash Rate Target