monetary policy

A more consistent environment for global asset prices and investment is being forged by China’s more “normal” interest rate approach, while other central banks dither...

Short dated bonds have aggressively repriced as inflation expectations rise and fears creep in that central bankers maybe heading towards a policy mistake as longer...

Over the pandemic, unconventional monetary policy has substantially boosted bank reserves and deposits via the RBA undertaking quantitative easing (QE) and buying...

This week, the OECD recommended a review of the RBA. They noted the persistent undershooting of inflation, and a variety of factors that might have led to over-tight...

A singular COVID-19 case emerged in New Zealand the day before the RBNZ monetary policy meeting in August. Without any hesitation Auckland went straight into a 7-day...

Conditions could not be more supportive at the moment, but inflection points on the horizon will wind excesses out of Australian investment markets, as China eases its...

The fundamental failing of using "r-star" as one of the cornerstones of monetary policy is that it cannot be directly observed. This makes the more recent behaviour...

The Reserve Bank of Australia (RBA) will decide in July whether to extend the 3-year bond yield target and undertake further quantitative easing (QE) when the current...

The Reserve Bank of Australia is committed to keeping easy monetary policy in place until it meets its ambitious goal of achieving full employment. By our...

No one expects a rate change from the RBA any time soon, but some leading experts believe it might happen sooner than we think. With no change to rates, all eyes were...