Monetary Policy
The politicisation of central banking
From Trump’s attempt to fire Fed governor Lisa Cook to New Zealand’s PM pressuring the RBNZ, political encroachment on central bank independence threatens to undo decades of hard-won credibility.
The Trump Put lives on, A rate cut in May, Batteries for everyone, We're still reliant on luck, and Who drives in Australia.
Just like that, and the tariff scare is over—or is it? Global markets rallied 5-10% yesterday because Trump, in the face of a near-certain recession and equity and bond market carnage, backed off and hit pause.
The RBA's inflation trap
How monetary easing and unchecked government spending may threaten Australia’s fragile recovery.
A hawkish cut
The RBA has cautiously cut rates, but was it a mistake? Implications for the federal election and a warning from America.