The RBA's pre-COVID failure to cut interest rates faster may have cost as much as 270,000 jobs
- Written by Isaac Gross, Lecturer in Economics, Monash University
The Reserve Bank of Australia is about to be put under the microscope in the first major review of its performance in at least 30 years, and perhaps forever.
In research published this month in the Economic Record, Australian Labor member of parliament Andrew Leigh and myself analyse how the bank has set interest rates over the past two...