Another Reserve Bank rate cut. It was largely as expected twenty five basis points. The rest of the press conference and much of the monetary policy statement that followed, was focused on the unpredictable global environment. We can't say this because we don't know what Trump will do. We can't be certain about that because Trump and the trade war, etc. But at what point does unpredictability become predictable and therefore not the great threat that we make it out to be. Yes, Trump went nuts on Liberation Day, the sky fallon. He then calls a ceasefire in May. The markets have recouped all of their losses since then. The endices are patchy, but largely back to where they were. Trade talks are ongoing. The IMF yesterday upgraded Britain's growth. US consumer confidence actually increased last month for the first time in five China's industrial growth for April was positive yesterday. Our agricultural experts are doing the business abroad. Trump rant and raves on Twitter. He unannounces stuff as quickly as he announces stuff. He's impulsive, he's emotionally reactive, vindictive, He's a weather vein the political equivalent of Katie Perry. Because he's hot, then he's cold. He's in then he's out, he's up, then he's down. He's wrong when it's right, he's black when it's white. You get where I'm going with this. The point is we know this about him. We know he's unpredictable, and that makes his unpredictability predictable. I reckon we aren't taking his threats as seriously as we were two months ago. Not the US consumer, not Chinese industry, not US, and you know who else should stop paying him so much damn attention the Reserve Bank. For more from Early edition with Ryan Bridge. Listen live to News Talk said B from five am weekdays, or follow the podcast on it Heart radio

Another Reserve Bank rate cut. It was largely as expected twenty five basis points. The rest of the press conference and much of the monetary policy statement that followed, was focused on the unpredictable global environment. We can't say this because we don't know what Trump will do. We can't be certain about that because Trump and the trade war, etc. But at what point does unpredictability become predictable and therefore not the great threat that we make it out to be. Yes, Trump went nuts on Liberation Day, the sky fallon. He then calls a ceasefire in May. The markets have recouped all of their losses since then. The endices are patchy, but largely back to where they were. Trade talks are ongoing. The IMF yesterday upgraded Britain's growth. US consumer confidence actually increased last month for the first time in five China's industrial growth for April was positive yesterday. Our agricultural experts are doing the business abroad. Trump rant and raves on Twitter. He unannounces stuff as quickly as he announces stuff. He's impulsive, he's emotionally reactive, vindictive, He's a weather vein the political equivalent of Katie Perry. Because he's hot, then he's cold. He's in then he's out, he's up, then he's down. He's wrong when it's right, he's black when it's white. You get where I'm going with this. The point is we know this about him. We know he's unpredictable, and that makes his unpredictability predictable. I reckon we aren't taking his threats as seriously as we were two months ago. Not the US consumer, not Chinese industry, not US, and you know who else should stop paying him so much damn attention the Reserve Bank. For more from Early edition with Ryan Bridge. Listen live to News Talk said B from five am weekdays, or follow the podcast on it Heart radio