RBA Debelle: Need Tight Labor Market to Hit Inflation Target
By Sophia Rodrigues
Australia needs a sustained period of tight labor market to ensure inflation rises within the 2% to 3% target band on a sustainable basis, Reserve Bank of Australia deputy governor Guy Debelle said Tuesday.
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26 Nov 2019, 12:00 AMAnalysis: RBA QE Unlikely If House Prices Continue Rising
By Sophia Rodrigues
There is a lot of hype around Reserve Bank of Australia governor Philip Lowe’s speech on Unconventional Monetary Policy next week but markets should prepare for a disappointment because it is unlikely Lowe...
22 Nov 2019, 12:00 AMAnalysis: RBA’s Inflation Forecasts More Uncertain As Exch Rate I...
By Sophia Rodrigues
The lower exchange rate has been an important driver of Australia’s inflation for over a year but its support is expected to diminish over the next year, raising questions on the outlook for inflation, and thus...
21 Nov 2019, 05:21 AMAnalysis: Don’t Confuse RBA Transparency with More Dovishness
By Sophia Rodrigues
The minutes of the Reserve Bank of Australia’s appears more dovish that many expected but the reason is not because the RBA is more dovish but because it is more transparent.
In the minutes of the Nove...
19 Nov 2019, 12:00 AMOPINION: RBA Forecasts With a Different Exchange Rate Path. That’...
By Sophia Rodrigues
Call it more transparency or a sign of things to come but it was interesting how for the first time ever, the Reserve Bank of Australia gave an insight into what its quarterly forecasts for the economy would look like...
18 Nov 2019, 04:33 AMInsight: RBA Closely Watching Inflation Expectations, Dovish Bias...
By Sophia Rodrigues
The Reserve Bank of Australia left the cash rate on hold to assess the impact of recent cuts but is aware of several risks that could push them to lower the rate again.
The dovish bias signalled in the cash...
06 Nov 2019, 12:00 AM