Monetary policy settings: hawks, doves and the seat of the pants
If higher interest rates now will lower the risk of financial instability later, how much will they lower it, what are the benefits of so doing, and what are the costs? Read More
interest rates
Philip Lowe: what is the new normal for economic policy?
Policy makers and government economists are being confronted with a once-in-a-generation low interest rate phenomena, which could mean Australia is in for a repeat of the tepid growth that plagued the Japanese economy of the last 20 years. RBA deputy governor Philip Lowe reflects on what it means as Australia struggles with the double challenge of low yields and the transition out of the mining boom. Read More