Sharemarket volatility demonstrates global frothiness; nevertheless the case is weak for an interest rates cut.
The best course of action for the Reserve Bank is to hold off changing rates; but the longer term case for an increase is changing.
Reserve Bank of India Governor Raghuram Rajan has taken a no-nonsense approach to curbing inflation.
Monetary policy involves more than managing inflation, which is why it sometimes takes a committee to decide interest rates.
Mind the gap: Britain will need to raise rates with care.
Why do interest rates have to go up, and what's stopping central bankers doing it right now?
Running the economy is a bit like running a race…
Jogger wall via www.shutterstock.com
My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
Workers are still feeling a little pinched.
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The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
That $550 from the carbon tax repeal might be in your bank account, or it might have been gobbled up by exchange rates.
The carbon tax repeal was supposed to save the average household A$550. And it might well have done, but teasing out the exact figure amid the myriad other economic factors is a herculean task.
The Greek debt crisis could deliver RBA Governor Glenn Stevens a bolt from the blue.
China's slowing economy is a greater concern than the Greek crisis, but booming property prices mean the RBA should hold firm.
Reserve Bank governor Glenn Stevens condemned the “inability to find political agreement” on infrastructure.
Reserve Bank governor Glenn Stevens has left open the possibility of another rate cut, but warned against expecting monetary policy to do too much of the work in encouraging economic growth.
South African Reserve Bank Governor Lesetja Kganyago is the third since the bank adopted a more transparent way of operating.
The South African Reserve Bank is a fine example of clear communication of the decision whether to hold, increase, or decrease interest rates. It also gives clear signals of future decisions.
The current policy of low interest rates should end within the next six months, says the RBA Shadow Board.
Last month's cash rate cut should not be repeated, say the majority of Reserve Bank Shadow Board members.
Treasurer Joe Hockey may have welcomed this month’s interest rate cut, but it’s now up to the government to boost confidence.
It will take more than monetary policy to get Australia's business and consumer confidence back on track.
Reserve Bank Governor Stevens is expecting subdued public spending.
With today's cut, interest rates are at a record low, due in large part to ongoing concerns about the global economy.
The superheated Sydney housing market has regulators, and the Reserve Bank, worried.
With rates on the way down the problem of runaway property investing has been left to the regulator APRA. But regulators should not be used as agents of short-term government policy.
Australia’s rates should rise in the next six to 12 months, says the Shadow Reserve Bank.
AAP Image/Dan Himbrechts
Economic data is giving a mixed picture on whether the Reserve Bank should cut rates, but on balance, RBA members should hold.
Uncertainty around Greece defaulting on debt repayments continues to dominate the global outlook.
Financial markets have factored in a cut to Australia's cash rate, but economists - including the CAMA Shadow Board - aren't so sure.
Are the eyes windows into her soul or the FOMC rate-hike calendar?
Janet Yellen and her Fed colleagues know that wage growth and inflation are still too low to support an increase in interest rates in June.
Australia’s labour market is weakening, but the Shadow Board recommends no change to the cash rate.
Weak labour market data has confirmed a soft economic outlook, but our Shadow Board experts believe a rate cut isn't the answer.
The Shadow RBA Board recommends what the RBA should do, not predicts what it will do.
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I am a member of the “Shadow” RBA Board, which is made up of a collection of industry and academic economists. Just before every meeting of the real-world RBA Board, we announce our recommendations for…
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There is a silver lining to the end of the mining boom.
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What is the new normal for the Australian economy? With unemployment rising, commodity prices reaching new lows, and confidence subdued, is the Australian economy prepared to handle offshore headwinds…