The Reserve Bank governor’s ‘forward guidance’ risks him not adapting to changing circumstances, or undermining his credibility.
The Reserve Bank of Australia is ready to taper off the ‘unconventional’ monetary policy measures introduced in response to the COVID-19 crisis.
The Bank of International Settlements says technology and globalisation are the main causes of increasing inequality.
The RBA shouldn’t be spooked into raising interest rates, but the prospect of inflation in the next few years is an important consideration for central banks around the world.
Were he still alive, former prime minister Robert Muldoon might have warned the Labour government about the trouble a wage freeze can get you into.
Plus a new technique to protect birds from predators – using fake smells. Listen to episode 10 of The Conversation Weekly podcast.
If inflation follows economic recovery, the Bank of England may be hesitant to raise interest rates enough to hold it back.
Yes, the bank would effectively pay you to borrow money. But negative interest rates won’t please savers, nor will they meet the big challenges of economic recovery.
New Zealand’s housing market is ill designed to create the surpluses that would force down values. Only the state can change that.
The most important change is a guarantee about the future, one the RBA can be held to.
Canadian governments are failing to treat future citizens fairly by saddling them with huge debt. What policies should Canadian governments enact that offer greater fairness to future generations?
The Reserve Bank Australia has exhausted the limits of monetary policy, There’s no magic pudding, says governor Philip Lowe.
The economic status of Black Americans hasn’t changed since the Fed was handed its mandate in 1977. Could targeting Black unemployment, encouraging credit and reporting discrepancies narrow the gap?
The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.
We’re running out of interest rates to cut to keep the economy from sinking. Before the next recession occurs, we need to come with an effective approach to monetary policy.
Markets normally rally when central banks throw trillions of dollars at a problem. But not this time.
The Fed slashed interest rates to near zero but, just as in 2008, it will require unprecedented action to calm panicky markets.
The Fed and Congress have little ammunition available for fighting an economic downturn if COVID-19 triggers one.
The Fed cut interest rates by half a percentage point in hopes of calming investors. A finance professor explains why it seems to have failed.
Will the all-time lowest rate in the world of -0.75% be enough for these alpine explorers?