Entries by Matt Nolan

A couple of good articles on monetary policy reform

Here are a couple of good articles on the monetary policy debate.  First from Australia (and this fine blog with more discussion here and here): Meanwhile, the central bank’s primary focus on inflation recognizes that monetary policy needs to be based on a single instrument and policy objective. Pursuing multiple objectives with multiple instruments, as […]

Good on you Brazilian central banker

Here is some sense talking from a central banker and trade representative from Brazil: Senior Brazilian trade representative Mario Marconini from the Federation of Industries of Sao Paulo, says there’s a growing realisation from Brazilian businesses that trying to control the exchange rate is fruitless. The long-term answer can only come from concerted international action […]