Monday, 16 December 2019

MYEFO

Well MYEFO was released yesterday.

I could comment but do not need to because of the next three articles:

Perhaps just one comment. We see the Structural surplus in Stephen Bartos's article. It would seem this is not credible IF and I did say IF the RBA has to adopt unconventional monetary policy because interest rates are too low and in reality they cannot be cut anymore.

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