Peter Martin
When a guess is as good as a forecast
Peter Martin Whoops. As far as forecasting errors go, the latest confessed to by the International Monetary Fund is a whopper. It's in a category of its own.
Why the RBA sat on its hands
Peter Martin What do you do when things are broadly as they should be? Nothing. You sit on your hands. It's called masterly inaction, and our Reserve Bank is rather good at it.
