Sentences with phrase «positive policy reaction»
The answer is, of course, that there is a positive policy reaction relationship from expenditure to interest rates — when activity is high or growing fast, policy will be tightening so interest rates are rising.
https://www.rba.gov.au/ Not exact matches
The first - quarter lag of interest rates is omitted from this relationship because it has a positive sign in estimation, which the authors attribute to the policy reaction.
Lending and consumer group reactions to the policy switch were grudgingly positive.