economics – Page 2 – ricardian ambivalence

Q1’19 CPI makes strong case for 7 May RBA cut

The slow pace of inflation in Q1 makes a very strong case for a 25 bps reduction of the RBA’s

The case for the RBA to cut their cash rate at their 7 May meeting has been beaten up by

The IMF today downgraded global growth 20bps to 3.3%yoy (lowest since GFC), and said that the risks are skewed to

The RBA made a subtle change to their concluding paragraph of their April post-meeting statement last week. Given that they

The RBA today set up for a rate cut on 7 May. After thirteen months in a row where they

The fact that Australian house prices are now back to 2016 levels (or below in some areas) means that there

My read of recent RBA communication, particularly RBA Ellis’s speech on the household sector earlier this week, is that the

RBA Assistant Gov (Economic) Luci Ellis this morning gave a very careful speech on the household sector. In particular, it

The minutes to the RBA’s March board meeting seem designed to put the market on notice for a rate cut

I think the RBA will — and should — cut their cash rate 25bps to 1.25% at their 7 May

I was a little thrilled when I saw a link to my blog from a Scott Sumner post on econlib

I think that the increased focus on NGDP these days is good. Firms and households live in a nominal world,