PolicyEconomyMonetary policyPrint articleOpinionWhy the monetary policy statement won't changeA flexible medium term inflation target will continue to underpin Australia's prosperity.Josh FrydenbergFormer TreasurerNov 5, 2019 – 12.00amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginCampaigning for the US presidency, Ronald Reagan said nearly 40 years ago that inflation was “as violent as a mugger, as frightening as an armed robber and as deadly as a hitman”.Wind the clock forward to today and the chairman of the US Federal Reserve, Jerome Powell, says low inflation, not high, is “one of the major challenges of our time”.Loading...Josh Frydenberg is a former federal Treasurer. Connect with Josh on Facebook and Twitter.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreMonetary policyOpinionJosh FrydenbergInterest ratesInflationRBALatest In EconomyFetching latest articlesMost Viewed In PolicyThe Australian Financial Review MagazineBishop stares down critics: ‘I turn down many more roles than I take on’Myriam RobinThis restaurant has New York buzz. You’ll never guess where it isThe watch brands courting women with dazzling designsBOSS Financial ReviewHow the Ford family plans to avoid a Murdoch succession battlePatrick DurkinWhy this top Nike exec starts her day with a protein coffeeAs election losers, what will do Dutton and Bandt do next?Life & LeisureFamily-owned St Agnes marks a century with ultra-rare brandy bottlingsMax AllenDelicious cake knives and interiors to boost your moodMeet the Melbourne-based master of lighting designRich ListAnchorage Capital Partners COO resigns, jumps to family officeSarah Thompson, Kanika Sood and Emma RapaportArada will use builder Roberts Co to expand into Australian housingLiberman-backed Monark buys $44m infill site in Melbourne’s north
