Bernard Hickey and Geoff Simmons discuss the factors that the Reserve Bank is facing and why they have them is such a bind

Global inflation and interest rates are at an all time low in many developed nations; in some countries interest rates are even negative!

In this Face to Face we talk with Bernard Hickey about the factors behind this, and why it is making the job of the Reserve Bank very difficult.

They need to drop interest rates to stimulate investment and spending, but it isn’t working.

In fact, all it seems to be doing is driving up asset markets – particularly housing.