As treasurer, Bill Hayden set Labor on the path to economic rationalism 
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
Bank of England interest rate rise: why this could be the last increase for a while 
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely 
The yen plunges to 34-year low despite interest rate hike 
High interest rates aren’t going away anytime soon – a business economist explains why 
If central banks don't start cutting them soon, it could actually increase inflation 
What if the Reserve Bank itself has been feeding inflation? An economist explains 
Why central banks are too powerful and have created our inflation crisis 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- United Kingdom: RICS house price balance came at 30 percent in November.
- Australia: Trade deficit for October came at 1.54 billion. Imports rose by 2 percent and exports by 1 percent.
- China: Trade balance for November came at $44.61 billion. Imports rose by 13 percent y/y and exports rose by 5.9 percent.
- Japan: Eco watchers survey outlook improved to 49.1 and current improved to 48.6.
Upcoming:
- France: Third quarter non-farm payroll report will be released at 6:30 GMT, followed by Industrial output for October at 7:45 GMT.
- Eurozone: ECB will announce interest rate decision at 12:45 GMT, followed by press conference at 13:30 GMT.
- United States: Weekly jobless claims report will be released at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: Housing starts November report will be published at 13:15 GMT, followed by Building permits and new house prices at 13:30 GMT.
- New Zealand: Electronic card retail sales will be reported at 21:45 GMT.
