Buoyant Economies

RBA Email 7 March 2008

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   Return to: "Australia: Money and Inflation"

 

 

From: RBAInfo [mailto:RBAInfo@rba.gov.au]
Sent: Friday, 7 March 2008 11:55 AM
To: Harkness, Leigh
Subject: Forecast inflation

 
Dear Leigh,
 
We haven't found monetary models to be particularly informative for inflation over our forecast horizon.  
 As for the relationship between new lending and outstanding credit, a recent example of our work in this area, examining borrowing for housing only, was published in a Bulletin article last year - see http://www.rba.gov.au/PublicationsAndResearch/Bulletin/bu_jul07/loan_app_repay_house_cr_growth.html  
 
I hope this helps.

Yours sincerely,

John Pick                      
Manager Media Office           
Information Department
Reserve Bank of Australia

___________________________________________

The first sentence in the above email was written in response to the following graph.

 

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