Glenn Stevens: Central bank communication Address by Mr Glenn Stevens, Governor of the Reserve Bank of Australia, to the Sydney Institute, Sydney, 11 December 2007. *  *  *  This evening I would like to talk about central bank communication.
These include an early period of restructuring, a “benign” period of rising global integration and rapid growth in information technology, where energy prices were low and the costs of a wide range of manufactured goods were falling rapidly; a challenging period of sharply rising commodity and asset prices in the past few years; and the extreme ructions of the global financial crisis.