Claims that Wayne Swan could hurt the banks by pressuring them to pass on rate cuts are rubbish.
Monetary policy
Wage pressures subsiding at an intriguing stage of the economic debate
Wage pressures appear to have abated, but it doesn’t necessarily mean there’ll be more cuts to interest rates.
Keane: the lessons of 2008, anyone?
While overseas events take on the terrible look of 2008, Australian politicians are locked in a debate about fiscal symbols rather than economic reality.
Jobs jump sets RBA alarm bells ringing
The tilt in monetary policy has just moved decisively towards further rate rises, after the strongest jobs performance for three years years was revealed in the January labour force figures today.
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.
Why monetary zealots are wrong
Milton Friedman is wrong again. There is such a thing as a free lunch — it’s monetary policy and here’s why.
Rates up or rates down? RBA minutes signal flexibility
The Reserve Bank has left the way open for further interest rate cuts should financial market conditions worsen, writes Glenn Dyer.
