economics – Page 5 – ricardian ambivalence

RBA still on track for 2%

I missed the mark with regard to Gov Stevens’ speech yesterday, at least as far as the market was concerned.

There was some confusion about core CPI yesterday, thanks to the divergence between trimmed mean CPI & weighted median CPI

The Q2 CPI result came in around where i was expecting, with headline CPI a little higher (it was 0.4%q/q

Today we have Australian Q2 CPI. My best guess is that Q2 headline CPI will be around 0.25%qoq, which will

The June employment report has nicely set up the RBA to cut rates at their August meeting, so long as

The BIS has just published a paper which traces the main path through which QE works to stimulate the economy.

The May gross flows data suggests an ossifying labour market: if you have a job, you are more likely to

In the comments, there are often comments to the effect that the labour under-utilisation rate is a better indicator of

The May labour market report was a little better than I had expected (and the market also): the unemployment rate

I could fairly be accused of a little recent pessimism about the outlook for the Australian economy. Today, I want to

The Australian reports that WA Premier Colin Barnett just called the end of the Iron Ore boom — fresh off

Following on from my casual survey of the relationship between various measures of demand and inflation, I thought it appropriate