Name: Are Central Banks At Fault for Recession? | Bitcoin News
Uploaded: 2022-08-08T22:00:11+00:00
Duration: 7 min 20 s
Description: The BM Live team discusses the news that the Reserve Bank of Australia has commissioned a study to see if they were at fault for the recession. Around the world, central banks have been caught out by

3 years ago

The BM Live team discusses the news that the Reserve Bank of Australia has commissioned a study to see if they were at fault for the recession. Around the world, central banks have been caught out by the surge in global inflation, leaving interest rates too low for too long. But the RBA has been blunter than most in admitting its mistakes, with its own governor saying its forecasting was “embarrassing”.

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