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What is unconventional monetary policy and is it working?
Today we’re talking about monetary policy, and in particular, the Reserve Bank’s unconventional monetary policy; what is it and is it working?
We heard a bit about unconventional monetary policy after the GFC, when some central banks overseas started applying it to help with their economic recovery. But Australia didn’t join the experiment until COVID-19 hit last year.
To discuss how it’s working here, CEDA Chief Economist Jarrod Ball is joined by Belinda Cheung, Director of Fixed Income and Currency Strategy at the Commonwealth Bank.
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By CEDA PodcastsToday we’re talking about monetary policy, and in particular, the Reserve Bank’s unconventional monetary policy; what is it and is it working?
We heard a bit about unconventional monetary policy after the GFC, when some central banks overseas started applying it to help with their economic recovery. But Australia didn’t join the experiment until COVID-19 hit last year.
To discuss how it’s working here, CEDA Chief Economist Jarrod Ball is joined by Belinda Cheung, Director of Fixed Income and Currency Strategy at the Commonwealth Bank.