The Distillery: Dollar divination

One jotter warns Japan could reset the Australian dollar, as the commentariat delves into challenges facing the Reserve Bank.

Two commentators take a noticeably global perspective in their weekend musings about the Reserve Bank of Australia and the ultimate destination of Australian interest rates. Also in this morning’s edition of The Distillery, Lloyd Blankfein’s visit to Australia gets a closer look from one business scribe who believes Australia’s current dour mood is more justifiable than the Wall Street giant is letting on.

Firstly though, The Australian Financial Review’s economics editor Alan Mitchell warns that the Reserve Bank could once again face a strong currency when Japan’s money printing really starts to take effect.



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