Tagged: Bernard Hickey

An interpretation of the OCR decision - The Dismal Science

Bill Kaye-Blake Feb 01, 2013

I’m finding this monetary discussion interesting and useful. Matt Nolan and Eric Crampton have added a lot to it. Since the Reserve Bank decided yesterday to leave the OCR unchanged at 2.5%, I thought I’d offer an interpretation. The Bank is balancing several different concerns. Some factors point toward looser policy: inflation below the target band, [...] … Read More