A good monetary policy follows inflationary expectations and not historical numbers.

Monetary policy is not a panacea.

Domestic inflation reflects domestic monetary policy.

When historical relationships are taken into account, it is difficult to ascribe the house price bubble either to monetary policy or to the broader macroeconomic environment.

Expectations of tighter monetary policy in the U.S., Japan and Europe have been in stark contrast to expectations that the Reserve Bank will begin to ease.

It was the Greenspan-Kohn monetary policy, and the dash is perfectly legitimate,