Opinion

‘Sorry you listened’ isn’t good enough, Dr Lowe

The most important tool of a central bank is its independence of action, which has to be earned through credibility. Over time, cracks in it can start to grow.

Steven HamiltonEconomist

Nov 28, 2022 – 5.05pm

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Call me crazy but “I’m sorry if people listened to what we’d said” seems a rather puzzling communications strategy for an institution for which credibility is its most valuable asset.