King plays straight bat in central bank talk

According to a study published Thursday 14 September by stockbroker ICAP Australia, the Reserve Bank of Australia's governor is easier to understand than his US peer, but both lose out to Mervyn King.

U.S. Federal Reserve chairman Ben Bernanke's speeches require listeners to hold a bachelors degree with honours, said Michael Thomas, ICAP Australia's head of economics. By contrast, high-school leavers could understand the speeches of incoming Reserve Bank of Australia governor Glenn Stevens, an