The Reserve Bank of Australia is facing building pressure to launch the type of formal review that has already been conducted at central banks across the globe from Washington to Wellington.
Treasurer Josh Frydenberg last week fueled long-running talk of the need to reexamine the RBA’s policy-making setup by saying he could see the case for a review. His remarks follow a recent OECD report urging a review of Australia’s monetary policy framework.
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October 21, 2021 at 01:00AM
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Australian Central Bank Faces Pressure to Follow Fed With Framework Review - Bloomberg
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