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.

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.