Therefore policy settings might need to be expansionary for a number of years. So it is natural to want to ask whether extended periods of expansionary monetary policy might lead to unintended consequences.
The consequences for asset https://www.rba.gov.au/speeches/2018/sp-ag-2018-10-11.html  2/6  10/11/2018  Supporting Growth in the Short Run and the Long Run | Speeches | RBA  prices and financial stability have been dealt with at length elsewhere, including in the  Stability Review as I have already mentioned.