I like this graphic from the NZ Herald just now — it puts today’s small Official Cash Rate interest rate rise in perspective nicely. Well done.
Here’s the story (if you care) at the NZ Herald.
My only point was: This is a good use of graphics to communicate.
That graph does remind me of the old sharemarket quote we used in one of Olly Newland’s books (The Day the Bubble Bursts 2nd ed., p32):
The bull climbs up the stairs
but the bear jumps out the window.
[…] it true? Dunno. I guess so. Like this morning’s example, the graphic tells a story all by itself. […]
The AVERAGE OCR since Jan 2004 has been 6.11%, MEDIAN 6.75%, MAX 8.25% and MIN 2.5%
[…] latest in my series of graphics that communicate […]