Powell’s re-pivot a lesson for central bankers
Jerome Powell has shown why central bankers should get out of the business of interest rate forecasting, and focus more on ‘doing’ and less on ‘saying’.
Terry McCrann
Be afraid, be very afraid
Jim Chalmers’ speech on Wednesday revealed the sort of insane dystopian future that will be built if the treasurer and his colleagues aren’t stopped.
There is no way rates are moving – either way
There is no way that Reserve Bank governor Michele Bullock would lead her board to raise the official cash interest rate with the current abysmal levels of consumer spending.
The headache facing central banks
Central banks in the US and Australia have a fair bit to think about over Easter as they contemplate the question on everyone’s minds – will the rate cuts come?
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Time to hold fire on rates as shoppers feel the pinch
Michele Bullock has made her point about reining in inflation, but a slump in retail spending should kill off any thoughts of another rate hike next week.
Will Albanese drive BHP away?
BHP can invest anywhere in the world. The Albanese government’s ‘same job, same pay’ industrial relations reforms risk driving that investment offshore.
Bullock gets her deputy at last
Finally the RBA governor Michele Bullock has a deputy governor by her side. Now for the ‘Clayton’s’ overhaul of the organisation.
Billions being blown on energy insanity
The federal government is going all-in on energy insanity, and it’s us, the taxpayers, who are going to pay.
Winning bet: Packer’s $5bn Crown coup
By selling Crown at exactly the right time and at a spectacularly high price, James Packer has ‘made’ at least $5bn and possibly as much as $7bn.
New RBA governor goes hawkish
Has Treasurer Jim Chalmers actually got himself – and the rest of us – a more hawkish Reserve Bank governor in Michele Bullock than her predecessor Philip Lowe?
Optus debacle: why the CEO had to go
The Optus chief executive had to go. But not for the reasons you probably think.
Jobs, wages data good news for borrowers
Borrowers can breathe a sigh of relief, with the latest wages and jobs data all but ruling out another interest rate hike this year.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/14