Month: November 2020

QE, the collapse of the money multiplier, and the bond multiplier

In a new report published today we argue that this year has seen a sea change in the operation of monetary policy in Australia with the Reserve Bank adopting several unconventional measures that have been part and parcel of its peers’ policy toolkits since the global financial crisis. With the cash rate now at the Reserve …

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Aussie house prices increase in October (in line with our March 2020 forecast)

This is an article portfolio manager Christopher Joye published on Livewire recently. Consistent with our March 2020 forecast for a very mild 0% to 5% correction in national house prices followed by a recovery around six months later, CoreLogic has reported today that national dwelling values increased by 0.4% in October for the first time …

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