RBA caution to cushion a Fed fallout

Forecasting is patchy at the best of times but with the massive ramifications of an impending taper the Reserve Bank has little choice but to wait for the Fed to make up its mind.

Indecision by the Federal Reserve is driving financial market behaviour and leaving policy-makers increasingly helpless. Data limitations and the self-imposed restrictions used by the Reserve Bank of Australia to govern monetary policy – infrequent policy movements, reversal reluctance and inaccurate forecasts – leaves the Australian economy vulnerable if the Fed does not taper soon.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles