RBA Might Buy Bonds Now Via Market Ops; QE Might Come Later

By Sophia Rodrigues

The Reserve Bank of Australia might be in the market to buy government bonds using a tool that is part of its regular market operations but being done now to support the smooth functioning of the market.

Any...

16 Mar 2020, 02:06 PM
Analysis: RBA QE: Bond Buy Only to Support Fwd Guidance; Liquidit...

By Sophia Rodrigues

Purchasing government bonds with forward guidance as the main reason and providing liquidity via enhanced market operations are likely to be the Reserve Bank of Australia’s favoured measures as the cash rat...

13 Mar 2020, 09:18 AM
RBA Has So Far Estimated Coronavirus Impact On GDP Only from Tour...

By Sophia Rodrigues

The Reserve Bank of Australia has estimated the impact of coronavirus on GDP based on its effect on tourism and education, and hasn’t taken into account the flow-on impact on other parts of the economy yet.

...

05 Mar 2020, 12:00 AM
RBA Cuts Cash Rate 25bps; Easing Bias Tied to Coronavirus

By Sophia Rodrigues

The Reserve Bank of Australia lowered the cash rate by 25 basis points to a new record low of 0.50% and retained an easing bias tied to the impact of coronavirus, rather than the labor market.

This means the...

03 Mar 2020, 03:01 PM
OPINION: Would RBA Go Hard, Lower Cash Rate By 50bps Tue?

By Sophia Rodrigues

There is a case for the Reserve Bank of Australia to lower the cash rate by 50 basis points on Tuesday.

The last occasion the RBA delivered a cut of 50bps or more was in May 2012 and prior to that, it was du...

02 Mar 2020, 12:36 PM
Analysis: RBA Lowe’s Confusing Guidance Means We Missed Key Line

By Sophia Rodrigues

From pricing just 20% probability of a 25 basis point cash rate cut, Australia’s money market is now pricing over 100% chance, making it very likely the Reserve Bank will lower the cash rate when it meets on Tue...

02 Mar 2020, 10:00 AM