Richard Nixon took measures for short-term political gain that harmed the economy for the rest of the 1970s. | Opinion ...

The fallout from US President Donald Trump’s tariffs could have a severe impact on the Australian economy, worst-case ...

Australia's central bank considered cutting interest rates by an outsized 50 basis points last month as "insurance" against ...

Expansionary fiscal policy isn't the only tool used to combat economic downturns. During some economic cycles, the monetary policy set by the Federal Reserve has been more effective. Here are some ...

At its May 19-20 meeting, the RBA reduced the official cash rate by 25 basis points to 3.85%, following internal discussions ...

Australia's central bank discussed the case to cut interest rates by an outsized half-percentage point last month, ...

Lastly, expansionary monetary policy may increase the money supply relative to the output of goods and services, raising prices and reducing the currency’s value. As Milton Friedman famously ...

In both cases, expansionary monetary policy was not appropriate for the long-term health of the economy. Let’s review both cases. Many readers will remember that just a few months ago ...