Australia well served by RBA inflation band but monetary policy impact may now be ‘exhausted’, ex-governors say

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Australia well served by RBA inflation band but monetary policy impact may now be ‘exhausted’, ex-governors say - short news

Fears in 2010s of supercharged asset prices influenced RBA’s decision to not cut cash rate to zero, says former governor Glenn Stevens in interview with bank’s historian

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Australians are obsessed with interest rates because “there’s not enough else to talk about”, says former Reserve Bank governor Glenn Stevens.

Stevens, now chair of Macquarie Group, raised the ire of the Howard government when the..

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source: The Guardian - 31.08.2025