We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Reverse psychology

7 Mar 2011 By Wayne Arnold

The central bank’s decision not to raise rates recognises that higher borrowing costs could make rising food and fuel prices more painful. Better to let a rising currency counteract imported inflation. The cost may be higher asset prices but this seems like the right tradeoff.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)