Sections

Services

Information

UK United Kingdom

Glenn Stevens

Analysis and Comment (6)

Double speak? It isn’t easy being a reserve banker. Double speak? It isn’t easy being a reserve banker. Dan Peled/AAP

Greenspan’s ‘uncertainty principle’ and the evolution of Fedspeak

Last Tuesday the minutes of August’s Reserve Bank of Australia board meeting were released. Market participants speculated about what they would say, currency and bond markets responded to what they did…
RBA Governor Glenn Stevens has cited an increase in labour productivity - but all isn’t as it appears. RBA Governor Glenn Stevens has cited an increase in labour productivity - but all isn’t as it appears. AAP/Dan Peled

Labour productivity has risen – but it’s not exactly a good news story

Reserve Bank of Australia Governor Glenn Stevens has ticked off on a major item on the “to do” list for Australian policy-makers: raise the rate of growth in labour productivity. In his keynote speech…
Last year’s G-20 knees up. This year expect the taper, the IMF and corporate tax evasion to be the main themes. Last year’s G-20 knees up. This year expect the taper, the IMF and corporate tax evasion to be the main themes. Flickr

We are all spillovers now: G20 finance meeting explained

Finance ministers and central bank governors from the Group of 20 major economies will meet in Sydney this week. A lot of troubled financial waters have flowed under the bridge since this group last met…
Warning signals about global slowing have been there for some time - yesterday’s cash rate cut should not have been a surprise. Warning signals about global slowing have been there for some time - yesterday’s cash rate cut should not have been a surprise.

RBA’s rate cut was a matter of ‘when’ not ‘if’ - and there’s no need to panic

Monetary policy must be forward looking. It has limited ability to affect the here and now of the economy, as this has largely already been determined - by employment decisions, investment decisions and…
Glenn Stevens has acknowledged the impact of deleveraging on Australia’s economy. Glenn Stevens has acknowledged the impact of deleveraging on Australia’s economy. AAP

On High Noon Tuesday at the RBA Corral, can we expect a rate rise?

I have a hunch that the RBA will follow its conventional “neoclassical” models and raise rates this afternoon, even though the economy is locked in “two speed” mode, and the global economy is racked by…
There is economic reasoning behind Glenn Stevens’s low public profile. There is economic reasoning behind Glenn Stevens’s low public profile. AAP

Is Ben Bernanke giving Glenn Stevens a run for his money?

Late last month, Ben Bernanke held the first ever press conference by a chairman of the US Federal Reserve Bank. For more than an hour, he took questions about the Federal Open Market Committee’s decision…