Financial Stability and Mortgage dynamics
My argument for a May rate cut by the RBA basically boils down to the observation that inflation is very
Category: monetary policy
Inflation and Monetary Policy — redux
My call that the RBA would cut rates in May was originally a little speculative — but following the Q1’19
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
Q1’19 CPI, the RBA and May
The case for the RBA to cut their cash rate at their 7 May meeting has been beaten up by
IMF downgrades, RBA to follow
The IMF today downgraded global growth 20bps to 3.3%yoy (lowest since GFC), and said that the risks are skewed to
What’s the State of the Economy?
The RBA made a subtle change to their concluding paragraph of their April post-meeting statement last week. Given that they
RBA sets up for May
The RBA today set up for a rate cut on 7 May. After thirteen months in a row where they
The case for an April easing bias
The RBA board will discuss the disappointing Q4’18 GDP data for the first time at their 2 April board meeting.
Another look at Nominal Household Income
I was a little thrilled when I saw a link to my blog from a Scott Sumner post on econlib
The GDP v. Jobs non-puzzle
Today’s speech by RBA Gov Lowe said that they were puzzling about the concurrent GDP slowdown and strength in the
Australia’s household cash-hole
When thinking about Australia and the outlook for policy, I find it hard to get past the below chart. It
The RBA’s neutral bias
The RBA went back to an explicitly neutral bias at their Feb’19 policy window — via an interesting bit of
