
Aussie dollar down down under
As global expectations mount for easier monetary policy, Australia’s central bank chief Philip Lowe on Friday bucked the trend by raising the “possibility that rates will need to go up”.

As global expectations mount for easier monetary policy, Australia’s central bank chief Philip Lowe on Friday bucked the trend by raising the “possibility that rates will need to go up”.

Quantitative policy is not new.

Paraphrasing the quote which is attributed to Napoleon that “when China will wake up, the world will tremble”, one can argue that if China would fall asleep, it would not go unnoticed either.

Posted by: Paul Donovan

Paraphrasing the quote which is attributed to Napoleon that “when China will wake up, the world will tremble”, one can argue that if China would fall asleep, it would not go unnoticed either.

Posted by: Paul Donovan

As global expectations mount for easier monetary policy, Australia’s central bank chief Philip Lowe on Friday bucked the trend by raising the “possibility that rates will need to go up”.

Unlike the printing press, steam engine, and automobile, today’s most disruptive technologies – artificial intelligence (AI), automation, robotics, and machine learning – are invisible to the human eye.

As global expectations mount for easier monetary policy, Australia’s central bank chief Philip Lowe on Friday bucked the trend by raising the “possibility that rates will need to go up”.

Unlike the printing press, steam engine, and automobile, today’s most disruptive technologies – artificial intelligence (AI), automation, robotics, and machine learning – are invisible to the human eye.