As treasurer, Bill Hayden set Labor on the path to economic rationalism 
Why the Bank of England is now more upbeat than the IMF 
Inflation: I've been analysing the Bank of England's forecast over the past two years – here's how they got it wrong 
What central banks are doing to safeguard financial stability and why they must proceed with caution 
Interest rates: Monetary policy is always political as central banks opt to back the financial sector 
The RBA has kept interest rates on hold. Here's why it'll be cautious from here on 
The yen plunges to 34-year low despite interest rate hike 
Inflation: raising interest rates was never the right medicine 
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
- China's central bank cut its benchmark lending rates by 25 basis points to 5.1 percent on Sunday. Last cut was on Feb. 28.
- The People's Bank of China (PBOC) also reduced one-year benchmark deposit rates by 25 basis points, it said in a statement on its website, adding that the reductions would be effective on May 11.
