The Treasurer should not let the RBA off the hook so easily

I have an op-ed in the AFR arguing that the Treasurer’s decision to leave its agreement with the RBA unchanged is a missed opportunity to hold the RBA accountable for its recent underperformance against mandate.

Robert Guy has a related piece in the same edition. The headline says it all.

The Treasurer just backed the RBA over what the market is telling us. We will see how that turns out.

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posted on 06 November 2019 by skirchner in Monetary Policy

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