monetary policy – Page 3 – ricardian ambivalence

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

Today’s speech by RBA Gov Lowe said that they were puzzling about the concurrent GDP slowdown and strength in the

When thinking about Australia and the outlook for policy, I find it hard to get past the below chart. It

The RBA went back to an explicitly neutral bias at their Feb’19 policy window — via an interesting bit of

It’s been ages since I blogged here — partly because the issues facing the Australian Economy haven’t changed much over

At first glance, the Q3’17 WPI print was a stable at 0.5%q/q (2.0%y/y) — however once you look at the

The RBA has set things up to resume the easing cycle that began in 2011 (I never believed in the whole ‘neutral’

The 0.8%q/q GDP print looked pretty good at the headline level, and the 2.75%y/y (v. RBA at 2.5%y/y) looked even

Finding what you expect is a common failing of human beings — however I doubt it is wishful thinking that’s

A funny thing happened yesterday. It was not the RBA dropping their easing bias — which was fairly obvious given

These three charts summarise the state of the labour market — and the September employment report. The good news is

The Sun’s Terry McCrann has published a great column on the nomination of Yellen and what it might mean for