The RBA likely believes it won’t need to hike rates again – but the worst thing it could do is say that out loud

The Reserve Bank of Australia board held rates at 4.35% on Tuesday, before the RBA’s governor Michele Bullock said ‘inflation remains too high’. Photograph: Mark Baker/AP

Every parent makes threats in an effort to get their kids to behave – and every parent hopes they won’t have to follow through.

Some (most?) parents even make threats they have zero intention of carrying out.