Could Amazon be killing inflation?
Interest rates around the world are at staggering lows, with some countries experiencing negative rates.
At home, the Reserve Bank recently cut its cash rate to a record low 1.5 per cent, and is predicted to keep cutting. Low inflation is one reason for this, but there are also signs of a greater structural change at play.
Story features:
– Shane Oliver, Chief Economist and Director of Investment Strategy at AMP Capital
– David Glance, co-owner of Gleebooks
Image: ‘Clifden book store, Galway, Ireland’ by janmennens on Flickr
