The Reserve Bank has limitless access to Australian dollars and a reputation to protect.
There's more to that Coronavirus. Even before it, businesses weren't keen to invest.
The Conversation's 2020 economic survey points to a dismal year, with no progress on many of the key measures that matter for Australians and an increase in the unemployment rate.
Treasury Secretary Steven Kennedy says its up to the Reserve Bank to boost the economy. In normal times, that's not his job.
Evidence for the prime minister's contention that the banks are "profiteering" is thin on the ground.
The Reserve Bank's best case scenario is that its forecasts are wrong.
The Reserve Bank has cut the official interest rate to a new low of 1%, reflecting continuing concern over the slow economy.
By himself, Reserve Bank Governor Philip Lowe may not be able to keep us out of recession.
The Conversation's distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Expect two more interest rate cuts, but they mightn't be enough.
Rates might need to be cut urgently, and because things are good. Governor Lowe has signalled he won't wait.
The Reserve Bank's inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?
The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.
Reserve Bank of Australia governor Philip Lowe has effectively ruled out an interest rate rise until wage growth tops 3%.
While the RBA might not be able to influence the current cash rate, it can still influence longer-term rates by offering guidance about its future policy decisions.
Statements from the RBA show it's little wonder markets are not predicting a rate increase this year.
Weak Australian inflation and housing credit data mean the Reserve Bank is unlikely to move on interest rates.
Economists are divided on whether the latest interest rate cut to 1.5% was needed, as the RBA tries to boost inflation and growth.
There are some good reasons why the RBA should retain its flexibility in managing inflation.
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.