After more than 40 years as a central banker, RBA governor Philip Lowe says we should consider different ways of managing inflation, writes Gareth Hutchens.
A couple of days old, nevertheless a good read on the role of the RBA
Pretty much bang on, the RBA has essentially one tool at their disposal. Even if their decisions are perfect, poor fiscal policy will damage the economy and the RBA can at most put a bandaid on those wounds.
Pretty much bang on, the RBA has essentially one tool at their disposal. Even if their decisions are perfect, poor fiscal policy will damage the economy and the RBA can at most put a bandaid on those wounds.