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Topic: Reserve Bank of Australia
Reserve Bank governor Philip Lowe (Image: AAP/Joel Carrett)

Public wage curbs run counter to RBA efforts to drag nation out of recession

The federal and NSW governments are making extra spending harder to achieve. Talk about a fiscal own goal.

(Image: AAP/Regi Varghese)

Going up in smoke: have we been getting inflation wrong all these years?

New research suggests that inflation might have been very different in Australia in recent years than what the CPI has told us.

Reserve Bank of Australia governor Philip Lowe (Image: AAP/Joel Carrett)

Reserve Bank’s path to recovery lies through inflation via jobs

The RBA has ushered Australia into the era of quantitative easing by arguing that inflation must rise, and it can't rise until wages and jobs do.

(Image: AAP/Private Media)

The way out of this economic mess is not through interest rate cuts

We won't just achieve inflation by low interest rates — a whole new approach to monetary policy might be needed.

(Image: AAP/Dan Peled)

This is why the Reserve Bank will start a new era of monetary policy today

A weak global economy and soft demand and investment will drive the RBA to reveal a new world of monetary policy for Australia this afternoon.

Reserve Bank of Australia governor Philip Lowe (Image: AAP/Joel Carrett)

R.I.P. inflation. Now onto more important things, like jobs

With inflation out for the count, the RBA can fulfil its goal of focusing on full employment.

Deputy governor of the Reserve Bank of Australia Guy Debelle (Image: AAP/Kelly Barnes)

With one bound, Australia was free. Is the recession really over already?

Did the RBA really say the 2020 recession is done and dusted? Yeah, nah. More that things aren't quite as bad as predicted.

RBA governor Philip Lowe (Image: AAP/Dean Lewins)

Reserve Bank will take us further into a new world in November

The Reserve Bank board is likely to complete the transition to an entirely new monetary policy centred around quantitative easing when it meets in November.

RBA governor Philip Lowe (Image: AAP/Joel Carrett)

Welcome to the new world order: another economic policy revolution unfolds

First it was fiscal policy. Now it's monetary policy. One by one the key tenets of neoliberalism are giving way in the face of global recession.

Reserve Bank governor Phillip Lowe (Image: AAP/Joel Carrett)

From potential to actual: Reserve Bank makes major change in interest rate setting

The Reserve Bank says it will no longer look to expectations of inflation to guide it on monetary policy. Rather, it will focus on the here and now.

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