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Glenn Stevens: Address to the Australian Business Economists (ABE) Annual Dinner
Thank you for the opportunity to address you this evening. You've spent all afternoon talking about the near-term outlook. No doubt there was a lively discussion and some points of debate. I would hazard a guess that most forecasts have the Australian economy continuing to expand at a moderate pace, with inflation low and the rate of unemployment around 6 per cent. The points of debate might be around whether, and when, growth might speed up a bit or slow down; whether inflation would be broadly consistent with the 2–3 per cent target or a bit on the low side; and whether unemployment could start to drift down, or ... (full story)
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