Address by Glenn Stevens, Governor, to the Anika Foundation Luncheon, Sydney. The topic is “Issues in Economic Policy”. There will be a Q&A following.

–

  • Says subdued “animal spirits” likely one reason for slow economic recoveries
  • Says is sure spirits will improve at some point, G20 growth agenda could help
  • Says hard to say how successful QE has been globally

The full text of his speech: Challenges for Economic Policy

We might get something more from the Q&A to follow. Bit of short covering in the AUD on the (non-)headlines hitting the wires.