Australia’s inflation target: “more like guidelines”

You might think a central bank looking at inflation significantly below its target, a relatively weak jobs market, and a policy interest rate well above zero would be keen on loosening up. In the case of Australia, however, you would be wrong.

Continue reading: Australia’s inflation target: “more like guidelines”

You might think a central bank looking at inflation significantly below its target, a relatively weak jobs market, and a policy interest rate well above zero would be keen on loosening up. In the case of Australia, however, you would be wrong.

Continue reading: Australia’s inflation target: “more like guidelines”