Is FIT the best fit? What the Bank of Canada framework renewal can tell us about the RBA review

It’s time for some public choice theory. Plus, this week’s Australian Q3 CPI

An article in The Saturday Paper on ‘What Drives Philip Lowe?’ contained two direct quotes that Lowe is, wait for it, ‘the perfect neoliberal RBA governor’ and ‘the first openly Keynesian Reserve Ban…