OECD urges RBA to review policy framework
Recommendation comes just weeks after governor dismissed the idea
The Organisation for Economic Co-operation and Development (OECD) has urged the Australian central bank to conduct a review of its policy framework.
In an economic survey of Australia, the OECD said the Reserve Bank of Australia should “undertake a review into the monetary policy framework that is broad in scope, transparent and involves consultation with a wide variety of relevant stakeholders”.
The OECD – a group mostly comprised of advanced economies – noted such reviews are widespread “in
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