In the Australian Financial Review over the weekend (for the Monday edition), an interview with Malcolm Edey
- Edey retired from the Reserve Bank of Australia last week
- His final 7 years at the bank were as Assistant Governor responsible for the financial system
Edey says:
- "I think the efforts to squeeze more stimulus out of things like negative interest rates and bond-buying activities are not achieving very much. And some of it is probably counter-productive. "These measures have gone about as far as they can go."
Full piece is here, may be gated
