Oliver's insights

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19 May 2016

RBA rate cuts, inflation targets, deflation and are central banks out of ammo?
Key points - The RBA eased this month because actual inflation has fallen below target and is likely to stay there for a while. - Cutting inflation targets would be foolish and make it harder to get inflation back up to target.   - Low rates are helping the Australian economy and zero rates and quantitative easing have helped the US. Central banks are not out of ammo.   -For investors, it's likely to remain a low interest rate environment for some time to come. Introduction This year has seen a growing concern that central banks areout of ammo when it comes to reinvigorating global growth andpreventing deflation. And the Reserve Bank of Australia's latestrate cut has so
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About Oliver's Insights

Oliver's Insights is a regular update from Dr Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital.

In Oliver's Insights, Dr Shane Oliver explores the latest issues regarding financial markets and the economy.

Who is Dr Shane Oliver?

Dr Shane Oliver joined AMP in 1984 as a research officer and in 1994 became AMP's Chief Economist. He now plays a major role in determining AMP Capital's investment strategy and asset allocation. He also provides economic forecasts and analysis to the asset class portfolio managers. As chief economist, he maintains a media profile for AMP Capital on economic and investment market issues.

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