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Topic: monetary policy
Has anyone got the capacity to solve poor wages growth?

Has anyone got the capacity to solve poor wages growth?

The Reserve Bank knows that wages aren't growing, but doesn't know why, and doesn't know what level of unemployment is needed to get them growing.

Angry neoliberals rail at economic stimulus

Angry neoliberals rail at economic stimulus

Neoliberals are furious the Reserve Bank wants to stimulate the economy rather than enacting a purge that will inflict pain on workers and households.

Reserve Bank looks to jolt alleged ‘strong economy’ with rate cut

Reserve Bank looks to jolt alleged ‘strong economy’ with rate cut

As expected, the Reserve Bank has cut interest rates to a new record low.

Is the labour market as bad as the Reserve Bank says?

Is the labour market as bad as the Reserve Bank says?

You say seasonally adjusted, I say trend — which jobs data is right? The RBA has decided neither of them show the falling unemployment it needs to forestall a rate cut.

Reserve Bank commits to rate cut, citing rising unemployment and high tax

Reserve Bank commits to rate cut, citing rising unemployment and high tax

The RBA has taken the remarkable step of flagging that it will cut interest rates out of concern for unemployment, the government's high tax burden and persistent low household income growth.

Reserve Bank confirms weak economy propped up by government spending

Reserve Bank confirms weak economy propped up by government spending

The Reserve Bank has significantly lowered its forecasts for economic growth — and wage stagnation is to blame.

Reserve Bank holds off, lays ground rules for next cut

Reserve Bank holds off, lays ground rules for next cut

The Reserve Bank declined to cut rates yesterday but flagged that unless unemployment falls, monetary policy will ease.

Will Trump tip the Reserve Bank’s hand on a rate cut?

Will Trump tip the Reserve Bank’s hand on a rate cut?

The RBA has been watching Trump’s trade war threats for some time. Will his recent comments affect today's decision?

Interest rates decision down to the wire as NAB pleads profit

Interest rates decision down to the wire as NAB pleads profit

Major banks increased interest rates because their borrowing costs went up -- but left them there when costs went back down again. Now NAB is complaining an interest rate cut will hurt its profits.

What the government really intends to do with the Hayne report

What the government really intends to do with the Hayne report

Crikey readers discuss the Morrison government's response to the royal commission, what Hayne missed, and the fate of interest rates in 2019.