Laurence Bristow

Former Reserve Bank of Australia staffer and current vice president and research associate at the Bank Policy Institute, who helped redesign the RBA's monetary policy implementation system and researches reserve demand and central bank operating frameworks.

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Dec 8, 2025 • 53min

Laurence Bristow on What the Fed can Learn from the Reserve Bank of Australia

Laurence Bristow, former staffer at the Reserve Bank of Australia and now Vice President at the Bank Policy Institute, shares invaluable insights on central banking. He compares the RBA’s restructuring with the Fed, highlighting the motivation for adopting a demand-driven system. Laurence explains the benefits of a flexible ceiling system that promotes interbank activity and market stability. He discusses the implications for U.S. monetary policy reforms, emphasizing lessons the Fed can learn from the RBA's experience in navigating reserve management.

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