We discuss a new Bank of England paper. And it turns current central banking thinking on its head! https://www.bankofengland.co.uk/working-paper/2020/eight-centuries-of-global-real-interest-rates-r-g-and-the-suprasecular-decline-1311-2018
This is the trimmed version of yesterdays live event, latest scenarios and Q&A.
The RBA has held the cash rate at a 13-year high for more than a year, awaiting further evidence that inflation is irreversibly back...