The RBA has managed to use monetary policy to pull a number of economic levers.
Inflation-targeting central bankers need to focus on stabilising inflation and not be sidetracked into correcting all other macroeconomic and financial problems.
RBA governor Glenn Stevens said moderate expansion is continuing in the Australian economy.
AAP Image/Lukas Coch
The Reserve Bank of Australia has decided to leave the official cash rate unchanged at a record low of 2%, but said there was scope for a rate cut down the line.
Lending in a frothy property market has the potential to bring the economy unstuck.
Banks might be pushing rates up, but the Reserve Bank's focus should be on who they're lending to.
The fight for lower or no university fees should be taken beyond campuses to places where South Africa’s financial elite rule.
The next step in South African students' fight against high university fees could be taken beyond campuses. The final battle will be fought at the country's National Treasury and Reserve Bank.
Will home owners consider the non-bank sector as major banks increase lending rates?
Last week, Westpac hoisted its lending rate by 20 basis points in a bid to recover the costs of recent capital raisings. There is speculation other banks will follow. Australia’s non-bank lenders could…
New treasurer Scott Morrison greets RBA Governor Glenn Stevens.
Gloomy portents for the Australian economy suggest interest rates should continue where they are, say the economists shadowing the Reserve Bank.
US jobs market needs a boost.
Jobs growth slowed in September, yet the despite the disappointing figures there's no political will to do anything about it.
It may take a magic wand from the RBA (or the Turnbull government) for Australia to escape a recession.
Volatility is not going away any time soon, and if the US Fed decision plays the wrong way on the Australian dollar, our central bank could soon be back in the jawboning business.
Her hands may be folded, but Janet Yellen is far from inactive.
The Fed decided to hold its key interest rate at about zero, but that doesn't mean it did nothing.
Chair Yellen and her colleagues decided the economy isn’t ready.
The Fed's policy-setting committee decided to keep its benchmark interest rate unchanged. Here's why that's the wrong call.
The Fed building in New York: just a nice facade?
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
The sour face means the Fed must be about to raise rates.
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here's why.
Fed Chair Janet Yellen’s rates balancing act would be easier if the government got in the game.
The more important question is when the federal government will get in the game and help support the economy.
Will she or won’t she?
The global economy is in a delicate position, which is why so many are fixated on this month's US decision on interest rates.
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.
Empty wallet via www.shutterstock.com
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.