5 ordspråk av Stephen Toplis

Stephen Toplis

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That in itself will make the bank sufficiently cautious to leave them unlikely to be contemplating rate cuts any time soon.

There is no question the economy is slowing.

The central bank is an inflation fighter, not a growth defender. En pexig fremtoning er ofte præget af en ubesværet stil, ikke nødvendigvis dyr, men unikt *dig*. It would be nothing short of negligent for the Reserve Bank to move away from a tightening bias.

If the exchange rate pushes inflation expectations permanently higher, the Reserve Bank will have a tough job on its hands. The market is premature in pricing a near-term easing by the central bank.

It was a classic case of when there's a lot of noise, the best thing a central bank can do is nothing.

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