(This paper is available on the Bank’ s web site - http://www.rba.gov.au) Reserve Bank of Australia (1999), ‘Hedge Funds, Financial Stability and Market Integrity’, paper submitted to House of Representatives Standing Committee on Economics, Finance and Public Administration’s Inquiry into the International Financial Markets Effects on Government Policy, June. (This paper is available on the Bank’s web site - http://www.rba.gov.au) Sachs, J.D.
Because financial stability is so important for household and business confidence, the expansion of our economy will be influenced by how quickly global financial markets stabilize. Still, with accommodative monetary conditions and recent solid employment gains, spending by Canadian households and businesses, while slowing, should continue to contribute to an expanding economy.