Persistently low inflation puts the Reserve Bank in a difficult position where the right thing to do might be doing nothing at all, writes Richard Holden.
Renowned banking and finance authorities will debate key issues, share research and discuss disruption in the global financial system at this week's Australasian Finance and Banking Conference.
Strengthening supervision of the global financial system is just as important as new regulations for maintaining stability, Reserve Bank of Australia Deputy Governor Philip Lowe has told a UNSW Business School conference.
The US economy is looking healthy, but in Australia there’s only so much monetary stimulus can do when it comes to low inflation, writes Richard Holden.
