RBA On Unconventional Monetary Policy
Governor Philip Lowe spoke at the Australian Economists Dinner last night. In many ways, little new here, but the RBA thinks the zero bounds cash rate is 0.25%, and QE is an option, but only in a crisis. “There may come a point where QE could help promote our collective welfare, but we are not … Continue reading RBA On Unconventional Monetary Policy
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