Unconventional Monetary Policy, Negative Interest Rates & QE - Lessons From Overseas

Today I discuss governor Philip Lowe's speech last night on unconventional monetary policy. He discussed QE, negative interest rates, bond buying programs, private asset purchases & modern monetary theory. He believes Australia is heading along a good path & that wages growth will pick up to 3.5% in 2020 or 2021. But with global growth slowing & household debt so high. I think Australia & many countries may be heading into recession or another global financial crisis.

https://www.rba.gov.au/speeches/2019/sp-gov-2019-11-26.html

Date of Recording: 27th November 2019

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DISCLAIMER: I am not a licensed financial advisor. My views are general in nature and should not be taken as financial advice. Always do your own research before investing any money.