Glynn’s Take: RBA Reforms Fail Best Practice; Further Scrutiny Needed

[ad_1] Former Reserve Bank of Australia Gov. Ian Macfarlane warned in a television interview that proposed reforms may require further scrutiny. [ad_2] Source link

Glynn’s Take: Australia’s Cooling Inflation Opens Door to Early 2024 Rate Cuts

[ad_1] SYDNEY—Australia’s inflation readings continued to cool rapidly for July and should be shifting the conversation in financial markets away from whether the peak in interest rates has been reached,…

Glynn’s Take: Question of Next RBA Governor Now Urgent With Rates Set to Jump

[ad_1] SYDNEY—Australian Treasurer Jim Chalmers needs to urgently answer the question of who will lead the Reserve Bank of Australia beyond September amid deepening unease in financial markets and fear…

Glynn’s Take: Woe to Those Signing Up to the New RBA Board

[ad_1] Australian Treasurer Jim Chalmers moved to retool the country’s central bank this week by throwing out its old policy-setting board in favor of a modernized committee of experts that…