My take on the RBA: The RBA holds on to an on hold position The penny still has not dropped at the RBA
My take on the RBA: The RBA holds on to an on hold position The penny still has not dropped at the RBA. A weaker than expected world economy, a commodity price dump and persistently soft domestic demand are an economic problem for Australia but the RBA is reckoning that monetary policy is appropriately configured to foster sustainable growth in demand and inflation outcomes consistent with the target. I don't agree, but let's have a look at how the RBA is getting things wrong. Click on the link for all of the details: (VIEW LINK)
Stephen Koukoulas has a rare and specialised professional experience over more than 25 years as an economist in government, as Global Head of economic and market research, a Chief Economist for two major banks and as economic advisor to the Prime...
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