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Warren HoganThe Conversation |
The arguments put forward about why interest rates should be cut immediately simply do not stack up.
The RBA has an important job this week in communicating how inflation is behaving behind the distortions caused by government subsidies.
Australia’s central bank looks neither hawk nor dove. It seems more of a shag on a rock in a sea of interest rate cuts.
The underlying dynamics of the Australian economy are very different to the US. The cash rate is still too low to ensure inflation sustainably returns...
It is becoming increasingly clear that a critical reason the economy is proving resilient to tighter monetary policy is a chronic shortage of labour.
RBA insiders may be making the case for higher rates, as Michele Bullock walks the line between public opinion and the bank’s credibility.