Episode 47: Flash Podcast; Death of Central Bank Independence; Monetary Mandarins Captive to Political Masters

May 7, 2024

In this episode, they discuss the death of central bank independence and how monetary leaders are being influenced by politics. They explore the challenges of maintaining price stability targets and the impact of political pressures on central bank decisions. The conversation also delves into the Fed's response to inflation and wage growth, and the economic challenges faced by Australia. Additionally, they analyze the central bank's past warnings on inflation risks and provide an update on investment strategy performance.

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Introduction

00:00 • 3min

Monetary Policy Analysis and Political Pressures on Central Banks

02:33 • 2min

Discussion on Fed's Response to Inflation and Wage Growth Impact

04:32 • 2min

Economic Challenges and Monetary Policy

06:37 • 6min

Central Bank's Inflation Warnings and Investment Strategy Performance Update

12:36 • 5min

Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. The Complexity Premia podcast strives to deconstruct modern investment problems for wholesale (not retail) participants in capital markets. You can listen on your favourite podcast app, or you can find it on Spotify, Podbean or Apple Podcasts. In this punchy episode of the Complexity Premia podcast, Chris and Ying Yi discuss the death of central bank independence as the monetary mandarins become captive to their political masters... This information is suitable for wholesale investors only and has been produced by Coolabah Capital Institutional Investments Pty Ltd ACN 605806059, which holds Australian Financial Services Licence No. 482238 (CCII). The views expressed in this recording represent the personal opinions of the speakers and do not represent the view of any other party. The information does not take into account the particular investment objectives or financial situation of any potential listener. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. Whilst we believe that the information discussed in the podcast is correct, no warranty or representation is given to this effect, and listeners should not rely on this information when making any decisions. No responsibility can be accepted by CCII to any end users for any action taken on the basis of this information. Any performance data presented on this site is pre-fees for institutional clients that negotiate custom fee rates, and these solutions are not available to retail investors. No investment decision or activity should be undertaken without first seeking qualified and professional advice. CCII may have a financial interest in any assets discussed during the podcast. Listeners in Australia are encouraged to visit ASIC's MoneySmart website to obtain information regarding financial advice and investments.