‘Dump the dollar, buy whatever’ now appears the dominant mantra in financial market. Investors believe the Greenback is now caught in a downward spiral because the US Federal Reserve will keep applying fresh rounds of monetary stimulus, writes Karen Maley.
Fiscal and monetary policy
The Dyer Index: Stevens’ sunny-side-up optimism could bite him
There wasn’t much left for Reserve Bank Governor, Glenn Stevens to say at today’s appearance before the the House of Reps Economics Committee.
Comitatus: Howard’s grand interest rates furphy
The greatest problem with the “my interest rates were lower than yours” argument is that it is simply a grand non-sequitur, writes Possum Comitatus.
