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Captain Glenn Stevens followed a recent RBA tradition of reserving intelligence for international audiences in a New York speech last night. I have bolded the important parts for interest rate calculations.
The World Economy and Australia
Glenn Stevens*
GovernorAddress to The American Australian Association luncheon, hosted by Goldman Sachs
New York, USA – 21 April 2015
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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