Stephen Toplis
Stephen Toplis
bank central easing exchange inflation job market premature pricing pushes rate reserve tough
If the exchange rate pushes inflation expectations permanently higher, the Reserve Bank will have a tough job on its hands. The market is premature in pricing a near-term easing by the central bank.
bank best case central classic
It was a classic case of when there's a lot of noise, the best thing a central bank can do is nothing.
bank central growth inflation move reserve short
The central bank is an inflation fighter, not a growth defender. It would be nothing short of negligent for the Reserve Bank to move away from a tightening bias.
economy question
There is no question the economy is slowing.