Quote Originally Posted by turmeric View Post
Different policy tools different objectives mate. Suggest you have a read up of the details of both and why they are employed.

As for the first paragraph it says nothing in regards to your very bold statement let alone provides any data. Can I assume that your statement is simply your opinion? If so, duly noted. If not, Im interested in the source of data that substantiates your claim.
If it is so effective, why is it likely to be canned?

The RB does not have a particularly robust track-record for managing interest rates, inflation and the housing market.