Former Labor senator Stephen Conroy has taken aim at the Reserve Bank's new Deputy Governor Andrew Hauser in a heated live interview.
A former Labor minister has launched a blistering attack on the RBA in a fiery television interview, declaring more evidence had emerged the central bank had its facts and modelling"wrong".Former Labor senator Stephen Conroy has taken aim at the Reserve Bank's new Deputy Governor Andrew Hauser in a heated live interview.
“But the policy strategy required to deliver that outcome, and the economic judgements that inform it, simply cannot be stated with anything like the same degree of certainty. Those pretending otherwise are false prophets.” “First year economics Andrew, you’ve got the degree, go back and read first year textbook, because it says interest rates are a blunt instrument. Interest rates are hurting the poorest section of the Australian community,” Mr Conroy said.
“I don’t know what to say after that attack on Mr Hauser, he did write the inflation reports for the Bank of England I recall,” Mr Kroger said.
Speech Stephen Conroy Michael Kroger Andrew Hauser Interview
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