Craig Ebert
Craig Ebert
abandon bank firm forget rate relatively reserve stretched talking
Forget the interpretations of recession. We're still talking about a relatively stretched economy. There is no justification for the Reserve Bank to abandon the firm interest- rate outlook.
band coming courageous expect higher inflation likely middle naturally recede seems target year
The presumption that inflation will naturally recede to the middle of the target band seems a courageous one. Inflation is likely to be higher than many expect over the coming year or two.