Buoyant Economies RBA Email 7 March 2008 |
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Return to: "Australia: Money and Inflation"
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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 The first sentence in the above email was written in response to the following graph.
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