monetary policy – Page 6 – ricardian ambivalence

About that domestic recession …

Following last week’s Q1 National Accounts, I cheekily suggested that the domestic economy was in recession. Many of my peers

Despite the RBA’s efforts to kill the beast in the June RBA meeting minutes (see this post), the “lower AUD

The May non-farm payrolls report was broadly as expected: printing at +175k (mkt 163k), with offsetting revisions worth a net

The WSJ’s inimitable Jon Hilsenrath writes that the Fed is set to signal tapering at their June meeting, with a

Yesterday’s Q1 GDP report showed some worrying signs for the domestic economy: in particular, it showed that the domestic economy

The June RBA Statement was basically a return to the situation prior to the surprise cut in May (with fewer

Last week’s capex report was both keenly anticipated and the source of much confusion. It was keenly anticipated, as it’s

Amidst all the talk about US economic strength, and Fed tapering, there has been little focus on the slow hissing

Boston Fed president, Eric Rosengren has been dovish (and right) for the past few years. Reading the FOMC minutes, my

I bombed the May RBA meeting (thinking they would hold, when they cut 25bps to 2.75%) because the demand test

Following last week’s tapering debacle, the fed has been putting out all the feelers on tapering. I expected to hear

The AFR’s Alan Mitchell, who called the May cut as well as anyone, has a note out today saying that